$PNUT /USDT RECOVERY BOUNCE IN ACTION — WATCH FOR BREAK ABOVE 0.3700!
$PNUT has rebounded from a short-term pullback and is now trading at 0.3624, up over 10% on the day. The chart shows a recovery bounce forming higher lows with buyers stepping in above the 0.3440 support zone, hinting at a potential upside continuation toward recent highs.
Trade Setup:
Entry: 0.3600 – 0.3630
Take Profit (TP): 0.3750 / 0.3860
Stop Loss (SL): 0.3520
Market Outlook:
Momentum is shifting back to the bulls as long as price holds above 0.3550. A break above 0.3700 would confirm the bullish structure, likely retesting the intraday high at 0.3866.
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