🚨 $PNUT

/USDT Technical Analysis: Rebound or Further Decline? 🚨

$PNUT is trading at $1.2141, down by 3.66% in the last 24 hours. The price is attempting to stabilize after a sharp decline, and key levels are emerging to determine the next move.

💡 Key Levels to Watch 💡

Resistance: $1.2400 – Breaking above this could signal a short-term recovery.

Support: $1.2000 – Holding above this level is crucial to avoid further downside.

🎯 Potential Targets 🎯

1️⃣ Target 1: $1.2500 – Initial recovery target if resistance is breached.

2️⃣ Target 2: $1.2800 – Mid-term resistance for a bullish continuation.

3️⃣ Target 3: $1.3000 – Long-term breakout point indicating a strong upward rally.

⚠️ Risk Alert: Failure to hold above $1.2000 may lead to further declines toward $1.1800 or lower. Use tight risk management.

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