$PNUT /USDT: Sharp Surge Signals Momentum – Eyes on Breakout Levels...
$PNUT /USDT has witnessed a strong rally, climbing to $0.6942 with a +10.49% increase in the last 24 hours. The price has rebounded from a low of $0.5852, making a sharp upward move with significant volume at 114.85M PNUT, reflecting heightened trader activity. Currently testing its 24h high of $0.6977, PNUT shows potential for further gains if this resistance is broken.
Trade Setup and Key Levels
Long Trade:
Entry: $0.6950
Target 1: $0.7200
Target 2: $0.7400
Target 3: $0.7700
Stop-loss: $0.6700
Short Trade:
Entry: $0.6900
Target 1: $0.6600
Target 2: $0.6300
Target 3: $0.6000
Stop-loss: $0.7100
Monitor the $0.6977 resistance for a breakout confirmation; sustained momentum above this level could drive prices toward the $0.7700 target. However, if prices drop below $0.6700, the correction may intensify toward lower support levels. Exercise caution, as volatility remains high..
