$PNUT $PNUT

🚀 PNUT/USDT Analysis & Trade Setup 🚀

PNUT has shown some serious volatility, with price action recently dipping 14.16% to $1.8133. We’ve seen highs at $1.90 and lows touching $1.53 within the day, marking key resistance and support levels. 🛑 Resistance around $1.90 has already shown sellers stepping in, while the sharp bounce from $1.53 hints at strong buyer demand at lower levels. If PNUT can hold above $1.78, it’s possible to see another attempt to break the $1.90 resistance. However, failure to stay above this level could lead to a retest around $1.65 support.

📈 Entry Strategy: Consider entries near $1.65–$1.53, the strong support zone, with a target of $1.90, as it’s the next resistance. Tight stop-losses below $1.50 can help manage risk. Stay cautious and watch volume closely — high volume at resistance or support can signal breakout or breakdown potential. Happy trading!

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