$PNUT /USDT ON THE RISE: WILL THE TREND CONTINUE? 🚀 📉
The PNUT/USDT pair is currently trading at $0.6705, showing an increase of 5.09% in the past 24 hours. The 24-hour high and low are $0.7217 and $0.6372, respectively, with a trading volume of 181.54 million PNUT and 124.19 million USDT. The 15-minute candlestick chart indicates a strong upward trend, with green candles indicating price increases.
Trade Scenarios:
- 📈 Bullish Scenario: If the price breaks above $0.7217, it could target $0.7500 with a take profit (TP) at $0.7500 and a stop loss (SL) at $0.6600.
- 📉 Bearish Scenario: If the price falls below $0.6600, it could target $0.6300 with a take profit (TP) at $0.6300 and a stop loss (SL) at $0.6800.
Market Outlook:
The market is currently experiencing bullish momentum, with prices trending upwards. Traders should monitor key support and resistance levels to gauge the next moves. The overall sentiment appears optimistic, with potential for continued upward momentum.
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