Here's a technical breakdown of $PNUT /USDT.

๐Ÿฅœ PNUT/USDT Snapshot

Current Price: $0.3491 (+20.42% on the day)

24h High / Low:

High: $0.3493 (right at current price โ€” testing resistance)

Low: $0.2835

24h Volume:

PNUT: 224.34M

USDT: $70.49M

Type: Meme token โ€” typically high-volatility, speculative

๐Ÿ“ˆ Technical Context

MetricValueInterpretationMA60$0.3433Price is above MA60 โ€“ bullish momentumVolume (last candle)239K+Slightly lower than MA(5), may indicate brief consolidationMA(5)289K+Near-peak buying pressure, still healthyMA(10)248K+Sustained accumulation over last 10 bars

๐Ÿ” Key Levels

TypePriceNotes๐Ÿš€ Resistance$0.349324h high โ€“ breakout trigger zone๐Ÿ”„ Support (Local)$0.3430โ€“$0.3450MA60 region โ€“ previous consolidation zone๐Ÿ›‘ Support (Stronger)$0.3300โ€“$0.3350High volume buy zone

โš™๏ธ Trade Scenarios

โœ… Bullish Setup (Breakout):

Entry: Above $0.3495 (clean breakout confirmation)

Targets:

TP1: $0.3590

TP2: $0.3720

Stop-Loss: Below $0.3430

๐Ÿ”„ Pullback Entry:

Entry: $0.3420โ€“$0.3440 (if price retests support)

Targets: $0.3480 โ†’ $0.3550

Stop-Loss: $0.3375

โš ๏ธ Reversal Risk:

Rejection at high with a volume drop and fall under $0.3430 could initiate a correction to $0.3300โ€“$0.3280

๐Ÿ“Œ Summary

PNUT is at a critical breakout zone, riding a +20% pump on strong volume. If it breaks above $0.3493 with continuation volume, it may enter price discovery, offering fast upside. But if buyers fade or whales take profit, volatility may quickly reverse gains.

Let me know if you want real-time tracking or setups for other meme tokens or high-gainers.

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