$PNUT USDT BULLISH BREAKOUT – NUTS ARE READY TO FLY
$PNUT USDT has broken out of its accumulation zone with strong bullish momentum, suggesting continuation towards higher resistance levels if buyers sustain control.
🔑 Key Levels:
Support: $0.2360 – $0.2364 (retest zone)
Resistance: $0.2533 and $0.2577 (target levels)
Current Price: $0.2419
📈 Trade Setup (Long):
Entry: $0.2405 – $0.2420 (current retest zone entries)
Take Profit 1 (TP1): $0.2533
Take Profit 2 (TP2): $0.2577
Stop Loss (SL): $0.2360
💡 Short Market Outlook: PNUT has consolidated for a while in its accumulation box before this bullish breakout. Holding above $0.2360 will keep the bullish structure intact for continuation towards $0.2533 and beyond.
⚠️ Risk Management: Risk only 1-2% of capital, place stop loss wisely, and trail profits on strong breakout candles to lock gains efficiently.
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