$PNUT /USDT BULLISH CONTINUATION PATTERN – LONG ENTRY SETUP ACTIVE
Technical Analysis:
$PNUT T/USDT continues to show strong upward momentum after a solid rebound from the 0.10–0.11 support zone, gaining over 6% recently. The pair has maintained higher lows and is now pressing against the resistance range of 0.126–0.128, signaling potential breakout strength. Volume has been steadily increasing, supporting the ongoing bullish bias. A confirmed move above resistance could trigger acceleration toward higher price targets.
Entry: Long above 0.126–0.128 (confirmation on breakout or retest)
Targets (TP):
TP1: 0.138
TP2: 0.155
TP3: 0.198
Stop Loss (SL): 0.115 (below recent swing support)
Risk Management:
Risk 1–2% of total trading capital per setup. Maintain a 1:2 risk/reward ratio, move stop loss to breakeven once TP1 is reached, and trail it higher to protect profits as price advances toward upper targets.
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