CryptoTradeSignals

$PNUT /USDT – High-Volume Dip to Demand Zone! Rebound or More Squeeze?

$PNUT dropped -3.82%, now trading at $0.3999, after facing resistance near $0.4880. With 506M #PNUT in 24h volume, this meme coin is still hot, but bears are testing support.

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Current Price: $0.3999
24h Change: -3.82%
24h High: $0.4880
24h Low: $0.3624
24h Volume (PNUT): 506.16M
24h Volume (USDT): 210.38M

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Bullish Setup (Reversal Opportunity):
Entry Zone: $0.3850 – $0.4000

TP1: $0.4300

TP2: $0.4600

TP3: $0.4880

Stop-Loss: $0.3550

Bearish Setup (Breakdown Play):
Short Entry: $0.3620

TP1: $0.3300

TP2: $0.2980

SL: $0.4100

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Market Insights:
Price is consolidating above key support at $0.3850. A bounce could ignite quick gains toward previous highs. But if it breaks below $0.3620, panic sellers may accelerate the drop.

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Pro Tip:
Let volume confirm your entry. On 15m or 1h charts, wait for a green engulfing candle near $0.39 before entering. Don’t chase breakouts without confirmation.

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PNUT is spicy, but can it crunch through resistance again? Drop your thoughts and request more altcoin breakdowns below!

Buy And Trade Here On $PNUT

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🚨 $AUCTION /USDT Short Position Setup 🚨

Current Price: $10.08
Short Opportunity Overview:
Entry Zone: $10.00 - $10.30
Stop Loss: $10.70
Target Levels:
TP1: $9.80
TP2: $9.50
TP3: $9.20
Market Analysis:
$AUCTION is currently encountering significant resistance in the range of $10.30 - $10.50, where it has repeatedly shown signs of rejection. Sellers are gradually increasing their control at these levels, suggesting bearish momentum is on the rise. Should below the $10.00 support level, we could see a rapid downward movement toward the lower target areas.
Trading Strategy:
To maximize the potential of this short setup, it's recommended to wait for a confirmed breakdown below the $10.00 mark. A successful retest of this level, followed by a rejection, would offer a stronger confirmation of the short trade. Patience is key in this scenario to avoid entering prematurely.
Risk Management:
Ensure proper position sizing and always adhere to stop-loss discipline to minimize risk. It's crucial to stay mindful of volatility and adapt your strategy accordingly.
Note: By following the outlined entry, targets, and stop loss, this trade setup provides a solid opportunity in a bearish market structure for $AUCTION

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$AUCTIONUSDT
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