$PNUT ๐ฅ BUILDING STRONG MOMENTUM ๐ฅ
๐ Chart & Technical Snapshot
Support Zones:
~$0.245โ$0.250 aligns with midโchannel support and recent consolidation levels before bounce .
Deeper support at ~$0.218โ$0.236 (20 & 50โday MAs) .
Resistance Levels:
Immediate: ~$0.265โ$0.270
Breakout zone: ~$0.300โ$0.335 if momentum resumes .
๐ฏ Short-Term Entry Strategy
**๐ Entry Zone:** $0.245โ$0.250
**๐ Stop-Loss:** Below $0.240
๐ฏ Targets:
TP1: $0.265โ$0.270 (near-term resistance)
TP2: $0.300โ$0.335 (next swing zone)
Community mood: ~56% bullish; ~44% bearish, indicating mixed but leaning positive vibe .
Open Interest: Futures OI surged ~27% recently, signaling renewed trader engagement .
โ ๏ธ Risk & Management
Risk Factor Strategy
Breakdown below $0.240 Exit quickly
Weak bounce volume Add size only above $0.265
๐ Disclaimer
This is educational content onlyโnot financial advice. Meme tokens are highly volatile and speculative. Always do your own research (DYOR), apply proper risk management, and never invest more than you can afford to lose.