1. Current situation
- Price: $0.4168 (+12.59%)
- 24h range: $0.3427 – $0.4693
- Volume (USDT): 278.31 million (moderate)
- RSI(6): 48.0241 (neutral, but close to the oversold zone)
- Timeframes: Support/resistance levels are visible on the chart.
2. Key levels
- Support:
- $0.4076
- $0.3746
- $0.3404 (minimum in 24h)
- Resistance:
- $0.4188
- $0.4429
- $0.4693 (maximum in 24h)
3. Trading plan
Scenario 1: Buy (if a bounce from support is confirmed)
- Condition: Bounce from $0.4076 or $0.3746 with increased volume.
- Target: $0.4429 (first resistance), $0.4693 (max. in 24h).
- Stop-loss: Below $0.3746 (if buying at $0.4076) or $0.3400 (if buying at $0.3746).
Scenario 2: Sell (if support is broken or resistance is bounced from)
- Condition: Drop below $0.4076 with volume or bounce from $0.4429/$0.4693.
- Target: $0.3746, $0.3404.
- Stop-loss: Above $0.4188 (if selling at $0.4076) or $0.4700 (if selling at $0.4693).
Scenario 3: Wait (if RSI remains neutral)
- If the price fluctuates in the range of $0.4076–$0.4429 without a clear trend, it is better to wait for a clear breakout.
4. Risks
- Volatility: PNUT is a meme coin, sharp movements are possible.
- RSI(6) is neutral, but RSI(5) shows 10 (oversold), which may signal a correction.
5. Additional tools
- Market depth: Check the order books (buy/sell orders).
- News: Monitor social media for meme coins; hype and news are important.
Conclusion: Today PNUT/USDT may move in the range of $0.3746–$0.4693. It is optimal to look for entries at key levels with volume confirmation. Stop-loss is mandatory!
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