🥜 $PNUT /USDT – Rebounding from Support! Can It Crack Resistance? 🔄
PNUT is holding steady at $0.2193 (+3.05%), bouncing off the lower Bollinger Band and showing early signs of recovery.
With a 24h range of $0.2108 – $0.2276, bulls are now attempting to reclaim mid-band resistance around $0.2226.
📊 Volume: 66.60M PNUT – decent liquidity for potential upside
📈 Structure: Higher low forming after a retest of $0.2055 support
🎯 Trade Setup (Scalp to Breakout):
• Entry: $0.2185 – $0.2205
• TP1: $0.2250 – local resistance
• TP2: $0.2288 – short-term swing high
• TP3: $0.2350 – upper range breakout
• SL: $0.2130 – below key support
💡 Strategy Tip: A candle close above $0.2230 with volume may confirm a breakout setup.
PNUT is showing strength – it could crack the shell soon! 💥📈
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