$PNUT /USDT – Bounce Initiated, Bulls Taking Over!
PNUT is showing signs of strength after holding the $0.125 support. With a clean bounce and stabilization around $0.1294, bulls are regaining control. Volume is gradually increasing, supporting a potential upward breakout.
Snapshot:
Current Price: $0.1294
24H High: $0.1325
24H Low: $0.1251
24H Volume: 62.74M PNUT
Technical Outlook:
Structure shows consolidation after a sharp dip, forming higher lows. Recovery is underway with a bullish engulfing candle on the 15m chart.
Trade Plan:
Entry Zone: $0.1290 – $0.1295
Target 1: $0.1312
Target 2: $0.1328
Final Target: $0.1343
Stop Loss: $0.1270
Conclusion:
The setup favors a short-term rally if momentum continues. A break above $0.130 will confirm bullish extension.
Buy and Trade now on $PNUT