🚨 $PNUT /USD ALERT: Recovery or Rejection Ahead? 🚨
$PNUT is trading at $1.1560, showing a slight recovery of +1.88% from its 24-hour low of $1.1328 after a sharp drop. The market is watching closely as PNUT attempts to regain momentum.
🎯 Targets to Watch:
1. $1.1760 – Immediate resistance, a breakout here could trigger short-term bullish moves.
2. $1.2260 – A key level for confirming upward strength.
3. $1.2697 – Major resistance and potential upside target if the recovery sustains.
Support Levels:
Critical support lies at $1.1328. A break below this could open the door for further downside toward $1.1000 or lower.
Keep an eye on volume and breakout signals as $PNUT approaches these critical levels. Trade with caution and strategy!