$PNUT $PNUT

🚀 PNUT/USDT Trading Analysis: Key Levels at $1.6445 🔥

The PNUT/USDT pair is trading at $1.6445, showing signs of an interesting setup for traders looking to capitalize on its movements. Let’s dive into the analysis:

📊 Support & Resistance Levels:

Support Zone: Critical support is found at $1.6000, where buyers have historically defended the price.

Resistance Zone: On the upside, the immediate resistance is at $1.7000. A breakout above this could drive prices toward $1.7500.

📈 Current Trend:

The price is consolidating near its current levels, signaling potential accumulation. A sustained move above $1.6500 could indicate bullish momentum, while a drop below $1.6000 may trigger further downside.

💡 Trading Strategy:

For Buyers: Look for entries near $1.6300–$1.6450, targeting $1.7000 and potentially $1.7500, with a stop-loss at $1.5900.

For Sellers: Consider short positions below $1.6000, aiming for a pullback toward $1.5500, with stops above $1.6200.

⚡ Pro Tip: Volume is key—watch for surges near resistance at $1.7000 or support at $1.6000 to confirm momentum. PNUT/USDT’s volatility provides opportunities for both short-term and swing traders.

Stay disciplined, follow the trend, and take advantage of PNUT’s moves! 🌟📈📉

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