$PNUT $PNUT

🚀 PNUT/USD Analysis – Consolidating Strength at $1.1382! 🚀

The PNUT/USD pair is holding steady at $1.1382, showcasing signs of bullish consolidation. With key levels in play, PNUT could be gearing up for a breakout as market sentiment leans positive.

📊 Support & Resistance Levels:

Resistance: $1.1600 – A breakout above this level could drive PNUT toward $1.2000, opening doors for a strong rally.

Support: $1.1200 – A reliable support zone where buyers have consistently stepped in to defend the price.

💡 Trading Strategy:

Bullish Entry: Look for a confirmed breakout above $1.1600 with increasing volume to capitalize on the upward momentum.

Buy the Dip: Enter near $1.1200 for a lower-risk setup, targeting a bounce back toward resistance.

PNUT/USD has been steadily gaining interest, with buyers eyeing a move past resistance for potential upside gains. Stay sharp – this could be the start of an exciting upward trend. Watch the volume and price action for your next trade! 📈

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