🚀🔥 $PNUT /USDT Bull Run Alert! 🔥🚀
PNUT is showing strong bullish momentum, currently trading at $0.1949 (+17.06%), after bouncing from a 24H low of $0.1649. The price recently hit a high of $0.1975, signaling increased buying interest. A breakout above $0.2000 could lead to a continuation rally, while failure to hold support at $0.1850 may trigger a pullback.
Long Setup – If PNUT Holds Above $0.1900
Entry Zone: $0.1920 - $0.1950
Target 1: $0.2050
Target 2: $0.2150
Target 3: $0.2250
Stop Loss: $0.1850
A breakout above $0.2000 with strong volume could push PNUT towards $0.2250, with further upside potential if momentum continues.
Short Setup – If PNUT Gets Rejected at $0.2000-$0.2050
Entry Zone: $0.1980 - $0.2020
Target 1: $0.1880
Target 2: $0.1780
Stop Loss: $0.2100
If PNUT fails to hold above $0.2000, a pullback toward $0.1880 is likely. A break below $0.1850 could lead to further downside.
Market Insights & Pro Tip
Volume Confirmation: A breakout above $0.2000 with strong buying volume is key for further upside.
Support Zone: Holding $0.1900 is crucial for continued bullish momentum.
RSI & Trend: RSI is moving toward overbought levels, signaling potential volatility ahead.
Pro Tip: If PNUT flips $0.2000 into support, expect another bullish surge toward $0.2250+. Manage risk wisely and avoid chasing pumps!