šØ $PNUT /USDT ALERT: Consolidation at $1.2421āIs a Major Move on the Horizon? šØ
PNUT is currently trading at $1.2421, up +2.38% in the last 24 hours. With a daily high of $1.3679 and a low of $1.1945, the price is consolidating near critical levels, hinting at a potential breakout.
š Key Resistance Levels to Watch
1. $1.2849 ā Immediate resistance. A breakout here would signal bullish momentum.
2. $1.3679 ā Critical target. Surpassing this could trigger stronger buying interest.
3. $1.4169 ā Major resistance. A move beyond this level could pave the way for a sustained rally.
ā ļø Critical Support Levels
ā¢ $1.1945 ā Must hold this level to prevent further downside pressure.
ā¢ $1.1320 ā Failure to hold could see a retest of this lower support.
š” Market Insight
PNUTās current consolidation phase suggests reduced volatility, often a precursor to significant price movements. Keep an eye on a break above $1.2849 to confirm bullish intent. However, in this volatile environment, effective risk management is essential to navigate potential reversals.
Stay alertāPNUT could be gearing up for a decisive move!
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