🚀 $PNUT
/USDT Technical Analysis 🚀
The PNUT/USDT pair has been showing strong momentum with a recent increase of +3.41%. Let's dive into the technicals and explore 3 key targets to watch for!
Current Price: $1.17 (+3.41%)
🔮 Target 1: $1.27
PNUT is approaching a strong resistance level at $1.2749. If it manages to break this barrier, a potential upward move could see the price retesting this level as support.
🔮 Target 2: $1.10
On the downside, $1.0652 remains a significant support zone. A pullback towards this level could provide buying opportunities for those looking to enter at a lower price before the next uptrend.
🔮 Target 3: $1.45
Looking ahead, $1.45 could be a potential price target if the bullish momentum continues. Watch for confirmation from volume and price action to gauge strength in this breakout.
📊 Key Stats:
24h High: $1.2749
24h Low: $1.0652
24h Volume (PNUT): 296.01M
24h Volume (USDT): 342.85M
Trading Strategy:
If PNUT/USDT holds above $1.10, expect the bullish trend to continue. However, a break below $1.0652 could signal a potential correction. Keep an eye on the market sentiment and adjust your strategy accordingly.