$PNUT USDT – Massive Rally, Eyes on Key Resistance
$PNUT USDT is trading at $0.2418, up 28.89%, after a strong rally from $0.1863. The bullish momentum continues, but key resistance is approaching.
Key Levels to Watch
Resistance: $0.2455 – A breakout above this could push PNUT toward $0.2600 and $0.2750.
Support: $0.2200 – Holding this level is crucial to avoid a pullback to $0.2000 and $0.1860.
Trade Setup
Long Entry: Above $0.2455, targeting $0.2600 and $0.2750.
Short Entry: Below $0.2200, aiming for $0.2000 and $0.1860.
Stop-Loss: $0.2150 to protect against reversals.
Market Insight
MACD Bullish Crossover: Indicates further upside potential.
Order Book: 54% buy-side dominance, but sellers are increasing.
Traders should monitor volume and confirmation before entering new positions.
#PNUT
$PNUT USDT is trading at $0.2418, up 28.89%, after a strong rally from $0.1863. The bullish momentum continues, but key resistance is approaching.
Key Levels to Watch
Resistance: $0.2455 – A breakout above this could push PNUT toward $0.2600 and $0.2750.
Support: $0.2200 – Holding this level is crucial to avoid a pullback to $0.2000 and $0.1860.
Trade Setup
Long Entry: Above $0.2455, targeting $0.2600 and $0.2750.
Short Entry: Below $0.2200, aiming for $0.2000 and $0.1860.
Stop-Loss: $0.2150 to protect against reversals.
Market Insight
MACD Bullish Crossover: Indicates further upside potential.
Order Book: 54% buy-side dominance, but sellers are increasing.
Traders should monitor volume and confirmation before entering new positions.
#PNUT
