๐ฅ$PNUT /USDT โ Strong Breakout with RSI Momentum! ๐ฅ
โ Current Price: $0.2405
โฑ๏ธ Timeframes: 1H & 4H showing bullish confirmation
๐ Trend Overview:๐งโ๐ซ๐
$PNUT has shown a clean breakout from consolidation and is now stabilizing above key EMAs. The recent rally pushed price above the 200 EMA on 4H โ a classic bullish signal.
๐ 1H Chart Signals:๐
$PNUT Price trading above all major EMAs (20/50/100/200)
RSI at 69.55, near overbought but with momentum intact
Pullback candle forming โ healthy for continuation setup
๐ 4H Chart Insight:๐
Breakout from $0.2380 resistance zone
RSI holding 69.44, suggesting strength without exhaustion
MACD and EMAs alignment support bullish bias
200 EMA flipped to support (Red line ~ $0.2380)
๐ฏ Trade Plan (Short-Term):๐ฅ
Buy on pullback: $0.2350โ$0.2380 zone
Targets: $0.2480 / $0.2550
SL: Below $0.2280
๐ก Why bullish๐ค๐ฅ
Breakout with strong volume
RSI nearing 70 but not diverging
EMAs are rising and layered in perfect bullish order
๐ง "Smart entries happen on retests, not when the crowd chases the green candle."
๐ Trade at your own risk. This is not financial advice.
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