🚨 $PNUT /USDT ALERT: Momentum Building – Watch These Key Levels! 🚨

$PNUT /USDT is currently trading at $1.0575, after recovering from a low of $0.9533 and attempting to retest higher resistance levels. As the market prepares for its next move, here are the critical targets and levels to monitor:

Key Levels to Monitor

1️⃣ Target 1: $1.1000

The immediate resistance is at $1.1000. A breakout above this level could signal a bullish continuation, attracting short-term buyers.

2️⃣ Target 2: $1.1400

If momentum persists, the next target is $1.1400, aligning with the 24-hour high. This level will test the strength of the rally and could lead to profit-taking.

3️⃣ Target 3: $1.2000

A sustained breakout above $1.1400 could propel PNUT/USDT toward $1.2000, confirming a strong bullish trend and setting the stage for further gains.

Support Levels

Immediate Support: $1.0200 – Holding this level is crucial to avoid further downside.

Lower Support: $0.9500 – A break below this level could trigger a deeper retracement, inviting bearish pressure.

Trading Outlook

Bullish Scenario: A breakout above $1.1000 and $1.1400 could lead to a rally toward $1.2000. Monitor volume and price action for confirmation.

Bearish Scenario: Failure to hold $1.0200 may result in a pullback toward $0.9500, offering potential short opportunities.

Stay sharp and manage risk as PNUT/USDT exhibits significant price volatility.

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