🚨 $PNUT /USDT ALERT – Is a Reversal in Sight? 🚨
$PNUT is trading at $1.6027, down by -9.62% over the last 24 hours, facing significant bearish pressure after hitting a recent high of $1.9414. Despite the pullback, signs of stabilization could point toward a potential recovery.
💡 Key Levels to Target 💡
Target 1: $1.70 – Immediate resistance level to regain bullish momentum.
Target 2: $1.82 – A mid-level target indicating renewed buying interest.
Target 3: $1.94 – Recovery to this level signals a full reversal to recent highs.
📉 Support Zone: $1.50 – Key area to monitor for downside protection.
🔥 Analysis
Volume Insights: Declining selling pressure suggests potential consolidation.
Moving Averages: Price is below key averages, hinting at resistance zones to overcome.
⚠️ Pro Tip: Watch for a break above $1.70 to confirm a reversal. Keep stop-losses tight below $1.50 to manage risk effectively!
💥 Next Move?
Will $PNUT regain its footing or test lower levels? Stay alert for market cues!
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