🚀🚀🚀 $PNUT on the Move! Will It Reclaim $0.30 Soon?

The bull run has begun! After a period of consolidation, $PNUT/USDT is showing signs of recovery. Momentum is building after bouncing from recent lows—could $0.30 be the next target?

Current Price Action

🔹 Trading at: $0.2187 (-1.71%)

🔹 24h High: $0.2238

🔹 24h Low: $0.1773

Key Levels to Watch

📈 Resistance: $0.2300 → A breakout could push $PNUT toward $0.2500 and $0.2750

📉 Support: $0.2000 → A breakdown could lead to $0.1800 or even $0.1600

Market Indicators

📊 Parabolic SAR: Still bearish, but hinting at a possible trend reversal

📊 MACD: Weak momentum, but forming a bullish crossover

📊 Volume: Increasing, indicating renewed buying interest

Trade Setup

✅ Long Entry: Above $0.2300 → Targets: $0.2500 & $0.2750

❌ Short Entry: Below $0.2000 → Targets: $0.1800 & $0.1600

⚠️ Stop Loss: $0.2150 to manage risk

What’s Next?

$PNUT is at a crucial level—a breakout above resistance could trigger a strong rally, while failure to hold support may lead to another drop.

📊 Current Price: $0.2232

Are you ready for the next move? 🚀

#OneChainInsights