2025-02-04 09:19:12

#PNUT #Tating Analysis #Spot trade

It looks like you're sharing a trading analysis for the cryptocurrency **PNUT** against **USDT**. Here's a breakdown of the key points from the alert:

🥀 **Current Price**: $0.1775 (+2.36%).
🥀**Resistance**: The next major resistance level is at **$0.2149** (24-hour high).
🥀 **Support**: Key support levels are at **$0.1700** and a stronger support at **$0.1608**.

🥀 **Trade Setup**:
🥀**Entry**: Consider buying near the support level of **$0.1700** or if the price breaks out above **$0.2150**.

🥀**Targets**:
🔻 **Target 1**: $0.2000.
🔻 **Target 2**: $0.2200.
🔺**Stop Loss**: Set at **$0.1600** to manage risk.
🥀 **Momentum**: There's strong buying pressure, but the price might consolidate near the support level before another potential breakout.

This setup suggests a bullish outlook for PNUT, with clear entry, target, and stop-loss levels. Always remember to do your own research (DYOR) and manage risk appropriately, as cryptocurrency markets can be highly volatile.

PNUT-0.29%

LOOKS3.82%

S-3.12%

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