$PNUT $PNUT

๐Ÿฅœ PNUT/USDT Trading Analysis: Ready to Crack New Levels? ๐Ÿฅœ

PNUT/USDT is trading at $1.6116, catching traders' attention with its steady climb and potential for explosive moves. Hereโ€™s a closer look at the key levels and strategies to watch:

๐Ÿ“Š Key Levels to Watch:

Support Zone: $1.5800 โ€“ A solid level where buyers have been stepping in.

Resistance Zone: $1.6500 โ€“ The next critical barrier. A breakout here could propel PNUT toward $1.7000 or beyond.

๐Ÿ“ˆ Trading Strategy:

For Long Positions: Look for a breakout above $1.6500 with strong volume confirmation. Target $1.7000-$1.7500, with a stop-loss at $1.5900 to manage risk.

For Short Positions: If the price gets rejected at $1.6500 or breaks below $

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