$PNUT /USDT Trading Analysis

Resistance is at 0.2337, and support is at 0.1843. The price is currently 0.2292, near resistance, suggesting caution for long entries. A breakout above 0.2340 with volume can trigger a long entry, targeting 0.2500, with a stop-loss at 0.2250. For shorts, entry at 0.2280 with a target of 0.2000 and a stop-loss at 0.2350. The 20.38% gain indicates strong momentum; watch for trend confirmation. Volume spikes and moving averages indicate possible price swings. Manage risk and follow key levels.

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