$PNUT
/USDT Technical Analysis & Trade Signal:
Current Price: $0.5494
Trend: Bullish (2.25% increase in the past 24 hours)
Key Support & Resistance Levels:
Support: $0.5254 (Recent low)
Resistance: $0.5805 (Recent high)
RSI: Shows a slight bullish bias, but approaching overbought levels.
MACD: Bullish momentum confirmed by a positive crossover.
Trade Signal:
Buy: At current price or on a retracement to $0.5300 for a better entry.
Target Levels 🎯:
1. Target 1: $0.5650 (Near resistance from previous price action)
2. Target 2: $0.5750 (Psychological resistance area)
3. Target 3: $0.5850 (Potential breakout area)
Stop Loss: $0.5220 (Below recent support)
Momentum: Bullish, with moderate upward momentum. Best for short-term traders looking to capture potential gains while managing risks.