$PNUT /USDT – Bullish Momentum With Room to Extend Toward $0.35
Momentum Analysis:
$PNUT is up +41.24% at $0.2976, following a strong bounce from the 24h low of $0.2021. High trading volume (872M PNUT / $232.17M USDT) signals active participation, typical of meme coin breakouts.
Long Setup:
Entry Zone: $0.285 – $0.300
Targets:
T1: $0.32
T2: $0.339
T3: $0.349
Stop Loss: $0.263
Breakout Confirmation Level: $0.307
Key Support: $0.265
Pro Tip for Traders:
Monitor if bulls defend $0.2976 as intraday support—sustained volume above $0.307 could accelerate toward $0.35. Be cautious of volatility during meme-driven rallies.
Trading Data Snapshot:
Price: $0.2976 (+41.24%)
24h High/Low: $0.3394 / $0.2021
24h Volume: 872.00M PNUT / $232.17M USDT
Order Book Depth Highlights:
$0.3490 | $0.3394 | $0.3071 | $0.2976 | $0.2653 | $0.2234 | $0.1816 | $0.1493 | $0.1397
Timestamp: 2025-05-09 21:00