$PNUT Strong rebound from the demand zone....
PNUT has just achieved a strong recovery from the support area of 0.1815, steadily climbing and almost approaching its recent high of 0.2075. This increase comes with a volume exceeding 115 million, indicating a potential short-term breakout attempt.
Trading Setup – Buying Opportunity
• Entry Area: 0.2020 – 0.2050
• TP1: 0.2140
• TP2: 0.2210
• TP3: 0.2300
• Stop Loss: Below 0.1940
Watch for volume confirmation and a candle close above 0.2075 to confirm continuation. Breakout traders may find an advantage here.