Here's a quick $PNUT /USDT 4H trade setup based on the chart and trading data you’ve shared.
PNUT/USDT Overview (4H Timeframe)
Current Price: $0.2113
24H Range: $0.1503 – $0.2158
24H Volume: 229.84M PNUT
Momentum: Strong bullish breakout from ~$0.15 base
RSI (Assumed): Likely elevated (>75), suggesting overbought but with momentum
Key Levels
Support Zones:
$0.1897 – Minor support (recent 4H low)
$0.1749 – Consolidation base before breakout
$0.1621–0.1500 – Strong demand zone / breakout base
Resistance Zones:
$0.2158 – Local high (watch for breakout or rejection)
$0.2500 – Psychological resistance / next potential target
Trade Setup (Short-Term Swing)
Bullish Scenario
Entry: Pullback to $0.1900–$0.1950 (or breakout above $0.216 with volume)
Stop Loss: $0.1740 (below key structure)
Take Profit:
TP1: $0.215
TP2: $0.235
TP3: $0.250
Risk Note:
If entering after a sharp move up (+39.20%), wait for a consolidation or retrace. RSI cooling off + volume holding is key.
Would you like this setup charted visually with entries and targets marked?
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