Imran Rai
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🚨 $PNUT Testing Resistance Levels – Critical Zone Ahead 🚨
$PNU is currently rebounding after testing its support levels. The chart shows two key resistance zones marked in purple, signaling areas where traders should watch for potential reversals or breakouts.
Key Levels to Watch:
Resistance Levels (Upward Targets):
$0.7400
$0.7800
Support Zone: $0.7000
Trade Setup:
A breakout above $0.7400 could lead to a rally targeting $0.7800.
Failure to break resistance might trigger a retracement toward $0.7000 or lower.
📊 Market Insight:
The moving averages indicate mixed momentum, with $PNU attempting to regain strength. Watch for increased volume at resistance zones to confirm the next direction. Plan trades with caution in this tight range.
#Pnut #CorePCESignalsShift #MarketPullback #USJoblessClaimsFall
$PNU is currently rebounding after testing its support levels. The chart shows two key resistance zones marked in purple, signaling areas where traders should watch for potential reversals or breakouts.
Key Levels to Watch:
Resistance Levels (Upward Targets):
$0.7400
$0.7800
Support Zone: $0.7000
Trade Setup:
A breakout above $0.7400 could lead to a rally targeting $0.7800.
Failure to break resistance might trigger a retracement toward $0.7000 or lower.
📊 Market Insight:
The moving averages indicate mixed momentum, with $PNU attempting to regain strength. Watch for increased volume at resistance zones to confirm the next direction. Plan trades with caution in this tight range.
#Pnut #CorePCESignalsShift #MarketPullback #USJoblessClaimsFall
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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