$PNUT /USDT Breakout Alert – Bulls in Control!#Peanut is showing strong bullish momentum, currently trading at $0.2035, up 19.28% in the last 24 hours. The price has surged from a low of $0.1583, setting a new 24-hour high at $0.2049.

Key Levels to Watch

Resistance: $0.2049 – A breakout above this level could push PNUT toward $0.2100 and $0.2150.

Support: $0.1867 – Holding above this level is crucial; failure could lead to a drop toward $0.1765.

Trade Setup – Next Move

Long Entry: A breakout above $0.2049 could target $0.2100 and $0.2150.

Short Entry: If PNUT faces rejection, a drop toward $0.1867 is possible.

Stop-Loss: $0.1950 for long trades, $0.2070 for short trades.

Market Insights

PNUT is experiencing high trading volume, indicating strong buying interest.

Bulls need to maintain momentum above $0.2049 to sustain the uptrend.

A rejection at resistance could result in consolidation before another push higher.

Watch price action carefully before entering trades!