$PNUT /USDT Trade Signal – Explosive Move, What’s Next?
$PNUT /USDT has experienced a massive surge, jumping 32.78% in the past 24 hours and reaching a high of $0.2069. The coin is currently trading at $0.1997, showing strong momentum. However, traders should watch for signs of profit-taking or continuation.
Price: $0.1997
24h High: $0.2069
24h Low: $0.1418
Key Levels to Watch
Support: $0.1850 → A dip below could trigger further retracement.
Resistance: $0.2069 → A breakout could push it toward $0.2200+.
Trade Setup
Long Entry: Above $0.2000, targeting $0.2100 | $0.2180 | $0.2250.
Short Entry: Below $0.1850, targeting $0.1760 | $0.1650 | $0.1580.
Stop Loss: $0.1920 (for long) and $0.2020 (for short).
Quick Tips
MACD remains bullish, confirming strong buying interest.
Volume is increasing, suggesting further upside potential.
Rejection from $0.2069 resistance could lead to a short-term pullback.