ENTRY $PNUT TF 5M
📊 Trend & Structure:
•Price is forming an upward channel 📈 (marked by yellow and purple lines).
•There is strong support in the lower green zone (±0.2093 – 0.2130) 🛡️
•The uptrend line (green diagonal) is also supporting the current price movement 🔼
🎯 Buy Entry Scenario:
✅ Ideal Entry (Buy):
When the price pulls back to the middle line of the channel (dashed purple line) or slightly below touching the support area (±0.2150 - 0.2130)
📍Entry: 0.2150 - 0.2130
🛡️Stop Loss: Below the strong support zone (around 0.2110)
🎯Take Profit:
🟩Target 1: 0.2223 🎯💵
🟩Target 2: 0.2306 🚀