$PNUT
/USDT – Technical Analysis & Trade Signal
🔹 Momentum: Mild bearish (-2.22%), price retracing from local high of $0.2226.
🔹 Support Zone: $0.2090 – $0.2120 showing buying interest.
🔹 Resistance Zone: $0.2190 – $0.2230 capping upside for now.
🔹 Pattern: Sideways consolidation; potential for bounce from demand zone.
🎯 Targets (On Reversal/Bounce):
• Target 1: $0.2190
• Target 2: $0.2230
• Target 3: $0.2300
🛡️ Stop Loss: $0.2085 (below recent low)
📉 Next Move: Neutral to bullish if support holds; breakout above $0.223 will trigger momentum upside.
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