$PNUT
PNUT/USDT Technical Analysis – Binance Update 🎯
📊 Current Price: 0.6853 USDT (+8.35%)
📈 24h High: 0.7217 USDT
📉 24h Low: 0.6254 USDT
💹 Trading Volume (24h):
PNUT: 181.33M PNUT
USDT: 123.59M USDT
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Technical Outlook:
The PNUT/USDT pair has surged 8.35%, indicating strong bullish sentiment. The price is currently holding at 0.6853 USDT, showing continued strength after testing lows around 0.6254 USDT. Volume is solid, confirming the ongoing buying pressure.
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Key Targets 🎯
Target 1: 0.6865 USDT
The AVL (average level) near 0.6865 USDT is an immediate resistance level. A breakout above this could signal further upward movement.
Target 2: 0.7217 USDT
The 24h high at 0.7217 USDT is a key resistance. A successful break above this could push the price to test new highs, potentially heading towards 0.7500 USDT.
Target 3: 0.7500 USDT
A psychological resistance level, achievable if the bullish trend continues and the price clears key resistances.
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Support Levels:
0.6654 USDT: Immediate support level, which may provide a cushion for the price if it pulls back.
0.6625 USDT: A stronger support zone, where price could stabilize or reverse if the market faces bearish pressure.
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📌 Trading Tips:
For Bulls: Watch for a breakout above 0.6865 USDT with stops near 0.6654 USDT for potential gains.
For Bears: Consider shorts if price drops below 0.6625 USDT, targeting lower levels.
📈 Market Sentiment: Strongly bullish, with potential for further gains if resistance levels are broken.
#Binance #CryptoTrading #PNUT