📈 $PNUT /USDT BULLISH REVERSAL FROM STRONG DEMAND ZONE! 📈
$PNUT is showing signs of a strong bullish reversal after bouncing from a key support zone around $0.2540. The price has formed a solid base, rejecting lower levels with long lower wicks — a classic sign of buying pressure stepping in. Volume is increasing on green candles, indicating accumulation.
TRADE SETUP (LONG):
Entry: $0.2590 – $0.2615
Target 1: $0.2682
Stop Loss: $0.2540
WHY LONG?
Clear support zone rejection at $0.2540
Bullish engulfing structure with higher volume
Entry confirmed after multiple wick rejections and bullish close
RISK MANAGEMENT TIP:
Always use a stop loss just below the support zone to protect capital. If price breaks below $0.2540, reevaluate the trade — structure would be invalidated.
Don’t let this bounce fly without you — trade the setup, not emotions!
Ride the trend while the buyers are in control — smart entries bring smart profits!
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