$PNUT /USDT Trading Signal - Momentum Build-Up or Reversal? 🚀🔥

Entry Range: $0.5900 - $0.5950

Target 1: $0.6100 🎯

Target 2: $0.6250 🚀

Target 3: $0.6400 🔥

Stop Loss: $0.5750

Market Overview:

$PNUT has gained close to 10% in the past 24 hours, with strong bullish momentum driving the price to a recent high of $0.6067. The price is consolidating near $0.5900, which could act as a springboard for further gains if buying volume continues to increase. However, a break below $0.5750 may signal a potential retracement.

Pro Strategy:

Secure partial profits at each target level and adjust stop-loss to breakeven after reaching Target 1.

Watch for rejection near $0.6100, which could signal consolidation or minor pullbacks.

Momentum Watch:

If $0.6250 is breached with high volume, the rally may extend towards $0.6400. Monitor closely for confirmation of bullish continuation.

#PNUTUSDT #CryptoSignals #BinanceLaunchPool🔥 #BreakoutTrading #CryptoGains