Spot Trading Signal — $PNUT
Market Overview
PNUT is trading at $0.4441, up +1.39%, and holding above all key EMAs — EMA(7), EMA(25), and EMA(99) — suggesting a strong bullish trend. Volume and volatility are increasing, indicating active momentum.
Trade Type: Spot
Entry Zone: $0.4400 – $0.4450
Current Market Price: $0.4441
Targets:
TP1: $0.4600
TP2: $0.4800
TP3: $0.5000
TP4: $0.5200
Stop Loss: $0.4160 (below EMA(25) support)
Key Levels
Support: $0.4180 / $0.4050
Resistance: $0.4462 / $0.4880
24h Volume (PNUT): 434.06M
Trend: Strong uptrend continuation
Volatility: Very high
Risk-Reward Ratio: ~1:2.8
Strategy: Suitable for trend-followers and breakout traders. Watch for rejection near $0.4480–$0.4500 if volume drops.#CryptoCPIWatch