$PNUT
🌟 PNUT/USDT Technical Analysis – Breaking Barriers! 🌟
PNUT/USDT is trading at $0.6534, showcasing steady momentum as it approaches a pivotal range. With the price holding firm, traders are eyeing key levels for the next big move. Here’s what to watch:
Key Levels to Watch:
🟢 Support Zone: $0.6200–$0.6300 (recent demand area).
🔴 Resistance Zone: $0.6700–$0.6800 (strong barrier and psychological level).
Market Sentiment:
A break above $0.6700 could unleash a bullish rally, targeting the $0.7000 milestone.
A dip below $0.6300 might attract buyers at lower levels, potentially near $0.6000.
Trading Strategy:
1️⃣ Bullish Scenario: Enter on a confirmed breakout above $0.6700, with targets at $0.7000 and beyond.
2️⃣ Pullback Opportunity: Look for entries near $0.6300 with a stop-loss below $0.6200 for a safe risk-reward setup.
PNUT is setting up for action—keep your eyes peeled for the next breakout! 💹
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