$PNUT
š PNUT/USDT Technical Analysis: Current Price at $1.1656 ā Key Levels to Watch!š„
PNUT/USDT is currently trading at $1.1656, and the chart is showing some exciting potential for traders. Hereās a breakdown of what to watch for:
š¹ Support Level: The immediate support is at $1.1500, a key zone where the price has previously bounced. If the price holds this support, we could see a potential rebound. A break below $1.1400 would open up further downside toward the $1.1200 level.
š¹ Resistance Level: The first resistance comes in at $1.1800, where selling pressure has been seen before. A breakout above this could push the price towards $1.2000 and higher, potentially opening the way for a continuation to $1.2200.
š¹ Entry Strategy: If PNUT/USDT finds support near $1.1500, consider entering a long position with a stop-loss just below $1.1400. If the price breaks above $1.1800, that could signal a potential breakout for higher targets.
š¹ Momentum: The market shows some bullish momentum, but patience is key to see how it reacts at the support and resistance levels. Monitoring these levels closely will be essential for successful trades.
PNUT/USDT is poised at an interesting juncture, and by staying vigilant to these key levels, traders can position themselves for potential profits. Keep an eye on these zones for the next big move!
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