$PNUT

📊 PNUT/USDT Analysis – Eyeing Key Levels for the Next Move! 🚀💥

Current Price: 0.7443 USDT

🔍 Support Levels:

Primary Support: 0.7200 USDT – Watch for a bounce here as it could trigger a recovery.

Secondary Support: 0.7000 USDT – A stronger base, providing a safer entry point if the price dips further.

📈 Resistance Levels:

Immediate Resistance: 0.7600 USDT – Breaking this level could signal bullish momentum.

Target Resistance: 0.8000 USDT – A breakout above this zone may spark a strong rally.

💡 Entry Strategy:

Conservative Entry: Near 0.7200 USDT with confirmation of support holding.

Breakout Entry: Buy after a confirmed break above 0.7600 USDT to ride the trend higher.

⚖️ Risk Management:

Stop-Loss: Set below 0.7000 USDT to minimize potential losses.

Profit Target: First target at 0.8000 USDT and second at 0.8500 USDT for higher gains.

📊 Conclusion:

PNUT is consolidating near crucial levels. Traders should watch for a bounce from 0.7200 USDT or wait for a breakout above 0.7600 USDT. Keep risk management in check, and don’t miss out on potential opportunities as momentum builds! 🚀

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