🚨 $PNUT /USDT TECHNICAL BREAKOUT ALERT! 🚨
has surged by 94.30%, currently trading at 0.9410 as strong bullish momentum lifts it towards new highs. Traders are watching closely as PNUT approaches key resistance levels that could define its next moves. Here’s the critical analysis:
🎯 Target 1: 0.9890
This is the immediate resistance level and the 24-hour high. A break above this point would reinforce the uptrend, potentially attracting more buyers and driving the price higher. Watch for a strong breakout here!
🎯 Target 2: 1.0333
If PNUT surpasses 0.9890, the next target is 1.0333, which marks an extended resistance level. Achieving this point would signify continued bullish strength and could trigger more traders to join the rally.
🎯 Target 3: 1.2000
Reaching 1.2000 would represent a major psychological milestone. A move to this level would indicate sustained buying pressure and robust interest in PNUT, possibly leading to further gains as momentum builds.
🚨 Support Level: 0.7090
The support at 0.7090 is crucial to maintain the current trend. A dip below this level may suggest a pullback or consolidation, allowing buyers to regroup for another push.
Keep a close eye on these levels – PNUT’s momentum suggests potential for further upside, but watch for any signs of reversal near resistance!
