🚨 $PNUT /USDT Ready to Pop? Quick Gains on the Horizon! 🚨
On the 1D timeframe, $PNUT /USDT is currently trading at 2.0389, and it’s positioned for a potential breakout.
The immediate resistance level at 2.1000 could trigger further gains if broken, making this a key threshold to monitor. With strong support at 1.9000, the bullish outlook holds as long as this level remains intact.
For this trade, consider an entry around 2.0400 if the market momentum shows signs of upward strength.
For profit-taking, the first target (TP1) is set at 2.1000, aligned with the resistance for a quick win. The second target (TP2) sits at 2.2000, offering a modest return, while the third target (TP3) at 2.3000 provides a stretch goal if bullish momentum persists.
To manage risk, place a stop-loss at 1.8500, just below support. Keep a close eye on price movements around each target, and adjust your stop-loss to lock in gains as the price climbs.
