$PNUT /USDT.

📊 PNUT/USDT Market Snapshot

Last Price: $0.3619

24h Change: +0.50%

24h Range: $0.3361 → $0.4168

MA60 (15m): $0.3573

Current Volume (candle): 22,689

Recent Moving Average Volumes:

MA(5): 178,914

MA(10): 170,392

🔍 Technical Insight

Price is above the 15m MA60, suggesting short-term strength.

Strong intraday range expansion with slight pullback from high → healthy consolidation.

Volume in this candle is low compared to past averages, showing momentum cooling.

🎯 Trade Setup: Support Reclaim Play

Entry Zone:

→ $0.3570–$0.3620 (just above MA60, price coiling)

Targets:

TP1: $0.3750

TP2: $0.3920

TP3: $0.4168 (24h high)

Stop-Loss:

→ $0.3495 (below recent consolidation and support shelf)

Risk/Reward:

→ 1:2–1:3, solid for intraday swing scalp

📌 Key Technical Levels

Support:

$0.3573 → MA60

$0.3520 → liquidity wick low

$0.3360 → daily support (24h low)

Resistance:

$0.3650 → local top in orderbook

$0.3750 → minor resistance

$0.4168 → 24h high (breakout zone)

⚡️ Strategy Summary

Short-term trend is bullish, but current volume suggests wait for confirmation (e.g., reclaim of $0.3650 with spike in vol).

Watch for bull flag breakout above $0.3650 with increasing buys.

Momentum traders can position early with tight stops; conservative entries wait for breakout retest.

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