#PNUTbullishmovement ‼️$PNUT SURGING WITH BULLISH MOMENTUM❗$PNUT has blasted past $0.22 after a strong rally from $0.177, showing clear bullish momentum with increasing volume❗If this uptrend holds, the next target is $0.25, with key support at $0.20 momentum traders, this might be your window❗#PNUT /USDT Analysis - Bullish Surge Continues.... $PNUT is showing strong bullish momentum, currently trading at $0.2199, up 14.77% in the last 24 hours. The price reached a high of $0.2247, reflecting increased buying pressure.
Key Levels to Watch
Resistance: $0.2247 – A breakout above this level could push PNUT toward $0.2350.
Support: $0.2060 – Holding this level is crucial to maintain the bullish trend.
Trade Setup - Potential Opportunities
Long Entry: If PNUT holds above $0.2150, potential targets are $0.2247 and $0.2350.
Short Entry: A drop below $0.2060 could lead to a pullback toward $0.1960.
Stop Loss: $0.2020 for long trades, $0.2210 for short trades.
Market Insight - Strong Volume Supports the Uptrend
MACD: Bullish crossover, signaling continuation of momentum.
Volume: Rising buy-side activity, indicating sustained interest.
Order Book: 55.52% buying pressure, suggesting further upside potential.
PNUT remains in an uptrend, but traders should monitor key levels to confirm breakout strength or potential reversals.