$PNUT /USDT

PNUT Price Analysis: Strong Bullish Momentum, Can It Break the Resistance?

PNUT is trading at $0.2295, showing a strong +7.65% gain, as it rallies from a low of $0.2094. Price is approaching immediate resistance near $0.2396; a break above this level could trigger a rally towards $0.2450 or even $0.2500. Support is holding firm around $0.2220, with further support at $0.2150. As long as PNUT stays above $0.2220, bullish momentum remains intact.

Trade Setup:

Entry: $0.2290 – $0.2310

Target 1: $0.2390

Target 2: $0.2450

Stop-loss: $0.2220

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