$PNUT

/USDT Technical Analysis: Targeting Key Levels 🎯

The PNUT/USDT pair has shown strong momentum recently, with a 13.7% surge in the past 24 hours. As we analyze the charts, three key price levels are worth noting for traders:

1. Support Level: $0.5852 – The recent low remains a crucial support zone. If the price revisits this level, it could present a potential buying opportunity, assuming buyers step in to defend this level.

2. First Target - Resistance: $0.7300 – The 24h high marks a strong resistance point. If the price breaks above this level, we may see further bullish movement, testing the next resistance.

3. Second Target - Breakout Point: $0.7600 – A break above $0.7300 and a sustained move could see PNUT aiming for the $0.7600 zone, indicating a potential continuation of the uptrend.

Key Takeaway: Watch for breakouts above $0.7300 for potential bullish continuation. Stay alert for pullbacks toward $0.5852 as entry points.