$PNUT $PNUT

PNUT/USD Analysis: Key Levels and Strategy at 1.7672

The PNUT/USD pair is currently trading at 1.7672, presenting a critical juncture for traders. Support levels are positioned at 1.7500 and 1.7200, with a break below these points signaling potential bearish pressure. Conversely, resistance is seen at 1.7800 and 1.8000, which could limit any immediate upside if the market struggles to push higher.

For an effective entry strategy, consider buying near 1.7672 with a stop-loss just below 1.7200 to manage downside risk. Alternatively, a confirmed breakout above 1.7800 could present an opportunity to enter, targeting 1.8000 as the next resistance zone.

As the market consolidates around these key levels, PNUT/USD is setting up for a possible breakout or breakdown. Watch for momentum shifts and volume confirmation—this could be an exciting move in the making!

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