$PNUT /USDT
has been on a strong bullish run in the past 24 hours, gaining over 11%. The price has broken above the key resistance level of $0.68, indicating strong upward momentum. However, the recent price action shows a slight pullback, suggesting potential consolidation before the next upward move.
Current Price: $0.6981
Entry Price: $0.6981 (current price)
Resistance Levels:
* Strong Resistance: $0.74
* Weak Resistance: $0.72
Support Levels:
* Strong Support: $0.66
* Weak Support: $0.68
Take Profit Targets:
* Target 1: $0.72
* Target 2: $0.74
* Target 3: $0.80
Stop Loss: $0.66
Caution:
Traders should monitor the price action closely and watch for stability or potential breakout signals. If the price breaks below the $0.66 support level, it could signal a reversal of the current uptrend.
Signal:
* Buy: PNUT/USDT at the current price of $0.6981 with a stop loss at $0.66 and take-profit targets at $0.72, $0.74, and $0.80.
