$PNUT

🚀 PNUT/USDT Market Update: Key Levels & Strategy Unlocked! 🚀

The PNUT/USDT pair is currently trading at $1.1740, reflecting a 4.26% drop today. With a 24H range of $1.0913 to $1.2854, we’re seeing significant market action!

🔑 Support & Resistance Levels:

Support Zone: $1.09 — a strong rebound was observed here, signaling buyers stepping in.

Resistance Zone: $1.21 — the price tested this level but couldn’t hold, indicating seller dominance above this point.

📈 Entry Strategy for Traders:

1. Bullish Setup: Look for a breakout above $1.21 with strong volume. Enter on the pullback with a target of $1.25+.

2. Bearish Setup: A dip below $1.09 could open short opportunities, aiming for $1.05 or lower.

High volume of 321.74M PNUT shows the market is active—keep an eye on breakouts! Combine this analysis with your indicators like RSI or moving averages for optimal timing.

💡 Pro Tip: Patience wins in volatile markets. Wait for confirmation before taking a position!

What’s your take on PNUT’s next move? Let’s discuss below! 👇

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