PNUT/USDT Shows Strong Momentum: Price Soars by 207.79% in 24 Hours
PNUT/USDT has demonstrated significant price action, surging by +207.79% over the past 24 hours and hitting a peak of $1.3863. With trading volume on the rise, this token is attracting increased attention from investors.
Key Levels to Monitor 📈
1. First Target: $1.45 🎯
A breakout above the $1.45 level could confirm the continuation of the current bullish trend. This price point has previously acted as strong resistance, so a decisive close above it may pave the way for further gains.
2. Second Target: $1.60 🎯
Should the upward momentum persist, the next significant resistance level to watch is $1.60. With continued buying pressure and a solid uptrend, PNUT has the potential to reach this mark.
3. Third Target: $1.80 🎯
The $1.80 level is a critical psychological barrier. If PNUT maintains its current momentum, it could hit this target soon. Keep an eye on volume spikes at this level for confirmation of sustained upward movement.
Support Zones 🔻
$0.85: This level serves as a crucial support. If the price dips below $0.85, a retest of the $0.75 area could be possible, indicating a potential reversal.
Market Sentiment: Bullish 📊
The overall outlook remains bullish as long as key support levels hold. Watch volume trends and price action closely to validate these targets and assess potential breakouts.