🚨 $PNUT /USDT ALERT: Price Testing Critical Levels 🚨
PNUT is trading at $1.2734, down slightly from the recent high of $1.4037. The chart shows bearish pressure as the price remains under the MA(7) and MA(25) crossover, signaling short-term downside momentum.
Long Entry: Above $1.30, targeting $1.35 and $1.40. Stop loss: $1.26.
Short Entry: Below $1.26, targeting $1.20 and $1.15. Stop loss: $1.30.
Next Move: A bearish continuation is likely unless PNUT reclaims $1.30, confirming renewed bullish momentum. Watch these levels carefully for the next breakout or breakdown.