🚨 $PNUT /USDT FACES SHARP DECLINE – WATCH FOR A REVERSAL! 🚨
PNUT/USDT is trading at $1.1255, down -12.56%, following a sharp drop from its recent high of $1.5887. The price found temporary support at $0.9981, and a potential rebound is being closely monitored.
Key Levels to Watch:
Immediate Resistance: $1.18 – Breaking this level could trigger a recovery.
Target 1: $1.33 – A critical level to regain bullish momentum.
Target 2: $1.40 – A mid-term resistance for further gains.
Target 3: $1.59 – The previous high, acting as a major bullish target.
On the downside, strong support lies at $1.00, with a break below this level potentially leading to extended bearish pressure.
💡 Trade Setup:
Entry: Above $1.18 for bullish confirmation.
Stop-Loss: Below $1.00 to minimize risk.
⚠️ PNUT/USDT remains highly volatile—keep an eye on these levels for decisive moves!