#$PNUT POPPA +11.99% – NOW PENDING AT RESISTANCE!
$PNUT is trading at $0.4625, after an explosive recovery from the day's low of $0.3624. Volume is increasing to 521.76K and price action is now consolidating just below the key resistance—setting the stage for the next move.
Key Technical Zones:
• Resistance: $0.4660 – Must turn this level into support for continuation.
• Support: $0.4480 – A break below here could trigger a pullback.
Trading Setup – Look for the Breakout
Bullish Breakout Setup:
• Entry Zone: Above $0.4660
• TP1: $0.4780
• TP2: $0.4880
Bearish Retracement Setup:
• Entry Zone: Below $0.4480
• TP1: $0.4340
• TP2: $0.4200
Stop-Loss:
• For Long: Below $0.4570
• For Short: Above $0.4675
After a 24% increase, $PNUT is in a critical zone. A confirmed breakout above $0.4660 could open the door to another meme-fueled leg!
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