BlockchainBaller
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$PNUT Ready to Crack Open a Pump❓Breakout Brewing❓Pump or Pullback ❓$PNUT /USDT: The Turning Point Every Trader Needs to Watch❗$PNUT /USDT is currently trading at $0.1822, down 4.16% from its 24-hour high of $0.2047. The price recently tested its low at $0.1784, suggesting traders are on edge about the next move.
Critical Levels to Watch
Resistance: $0.1905 – A breakout above this level could ignite bullish momentum toward $0.2047 and possibly $0.2180.
Support: $0.1784 – A breakdown below this could drive prices to $0.1700 or even lower.
Potential Trade Ideas
1. Long Entry: Consider entering around $0.1830 with targets at $0.1905 and $0.2047. Place a stop loss below $0.1784.
2. Short Entry: Watch for a break below $0.1780 with targets at $0.1700 and $0.1650. Stop loss above $0.1830.
Momentum Insight
The RSI at 53.76 indicates neutral momentum, but the price could swing sharply depending on volume influx at these levels. Tight risk management is advised...
#PNUTTrade
Critical Levels to Watch
Resistance: $0.1905 – A breakout above this level could ignite bullish momentum toward $0.2047 and possibly $0.2180.
Support: $0.1784 – A breakdown below this could drive prices to $0.1700 or even lower.
Potential Trade Ideas
1. Long Entry: Consider entering around $0.1830 with targets at $0.1905 and $0.2047. Place a stop loss below $0.1784.
2. Short Entry: Watch for a break below $0.1780 with targets at $0.1700 and $0.1650. Stop loss above $0.1830.
Momentum Insight
The RSI at 53.76 indicates neutral momentum, but the price could swing sharply depending on volume influx at these levels. Tight risk management is advised...
#PNUTTrade
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.