PNUT Comments and Price Analysis 30 June 2025

PNUT Comments and Price Analysis 30 June 2025

PNUT Technical Analysis

As mentioned in our previous analysis, the falling wedge formation has been broken upwards. We should be following the strong support area of $0.219 - $0.23 after the breakout. The price could reach and test the wedge targets as long as it stays above this strong support zone. The main target of the formation is the price level of $0.36. Other important targets are the resistance levels of $0.266 and the $0.307 - $0.323 area respectively. However, if the price drops below $0.219, it will re-enter the wedge and then the targets will be considered invalid. In short, the price is at a very critical level.

PNUTUSDT_2025-06-30_13-43-00.png
Falling Wedge Fracture

These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.

#pnut#price#Analysis#technical#support
Light mode logo
Do you have any questions?Feel free to send us your questions or request a free consultation.
© 2025 All rights reserved