🚀 $PNUT /USD: WATCHING KEY LEVELS – COULD A BREAKOUT BE NEXT? ⚡
The $PNUT /USD pair is currently trading at $0.7065, consolidating near significant support and resistance zones. A breakout from these levels could lead to strong price movement, so traders should stay alert for potential action.
📊 Trade Scenarios:
Entry Point: $0.7065
Take Profit (TP) 1: $0.7200
Take Profit (TP) 2: $0.7300
Take Profit (TP) 3: $0.7400
Stop Loss (SL): $0.6950
Support is located at $0.6950, while resistance is at $0.7200. A breakout above $0.7200 could push the price toward $0.7300 and $0.7400. A drop below $0.6950 may indicate bearish momentum.
📉 Market Outlook:
PNUT/USD is holding above the support level at $0.6950. If this level holds, a bullish move could unfold, targeting $0.7200 and higher. A breakout above $0.7200 would confirm upward momentum, while a drop below $0.6950 could suggest further downside.
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