🚨$PNUT PNUT/USDT ALERT: Testing Key Support Levels! 🚨

$PNUT is trading at $1.0673, down by 6.95%, following a sharp drop from a high of $1.2220. Traders are eyeing critical levels as the market seeks direction.

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💡 Key Levels to Watch:

1️⃣ Resistance 1: $1.0900 – A breakout here could lead to recovery.

2️⃣ Resistance 2: $1.1600 – Breaching this level would confirm bullish momentum.

3️⃣ Resistance 3: $1.2220 – Essential for reclaiming higher levels.

📉 Support Levels:

Immediate Support: $1.0289 – Holding above this low is crucial to prevent further declines.

Key Fallback: $1.0200 – A break below could trigger a sharper drop.

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⚙️ Trading Strategy:

✅ Long Entry: Above $1.0900 for targets at $1.1600 and $1.2220.

❌ Stop Loss: Below $1.0200 for risk management.

🔍 Keep an eye on volume and candlestick patterns for breakout confirmation.

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💬 Will PNUT Rebound or Fall Further?

As consolidates near key support, traders should prepare for potential volatility. Share your thoughts and strategies below!

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