$PNUT /USDT Bullish Trade Setup
Key Levels:
Current Price: $0.2522
24H High: $0.2580
24H Low: $0.2148
Support Levels: $0.2450, $0.2350
Resistance Levels: $0.2580, $0.2700
Trade Plan:
Entry Zone: $0.2450 - $0.2520 (Buy on dips)
Target 1: $0.2580
Target 2: $0.2700
Stop Loss: $0.2350
Market Insights:
Volume: High trading volume of 582.19M PNUT, indicating strong buying interest.
Trend: Clear bullish momentum with higher highs and higher lows.
Breakout Potential: If PNUT breaks above $0.2580, it could push toward $0.2700.
Pro Tips:
Scaling Strategy: Secure partial profits at $0.2580, let the rest ride toward $0.2700.
Risk Management: Maintain a stop-loss at $0.2350 to minimize downside risk.
Momentum Confirmation: Look for strong buying volume and a breakout above $0.2580 for confirmation of further upside.
Would you like additional insights with RSI and MACD for stronger confirmation?
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