$PNUT Bulls Back in Action with More Gains on the Horizon❗$PNUT has bounced back strongly from its recent low of $0.1672, surging by almost 10% and touching a high of $0.1922. Buyers have stepped in aggressively, pushing the price higher and reclaiming key resistance levels. The bullish momentum is building up, and the price is now comfortably holding above the $0.1860-$0.1880 support zone.
Why This Move Matters:
✅ Strong Rebound: A solid bounce off the bottom suggests renewed bullish interest.
✅ Volume Surge: Increasing volume indicates strong participation from buyers.
✅ Stochastic RSI Reset: Currently at 76.38, signaling room for further upside.
Key Levels to Watch:
Immediate Support: $0.1860 – $0.1880 (a solid base for further gains)
Resistance Zone: $0.1940 – $0.1980 (next target if momentum sustains)
Trade Setup:
Entry Zone: $0.1880 – $0.1910 (ideal on slight pullbacks)
Targets:
🎯 TP1: $0.1940
🎯 TP2: $0.1980
🎯 TP3: $0.2050
Stop Loss: Below $0.1820 to protect against downside risk.
