🔰 $PNUT USDT READY FOR A BULLISH LIFT-OFF 🚀
The price has broken out of its previous consolidation zone and retested the demand area, showing strong buyer interest. Current market structure is bullish with higher lows forming, suggesting an upward continuation.
📊 Key Levels:
Support: 0.2243 – 0.2238
Resistance: 0.2515 – 0.2542
Current Price: 0.2350
💹 Trade Setup (Long):
Entry Zone: 0.2330 – 0.2360
Take Profit 1: 0.2515
Take Profit 2: 0.2577
Take Profit 3: 0.2675
Stop Loss: 0.2243
📈 Market Outlook: Price action shows strong accumulation with a breakout-retest pattern. If buyers hold above 0.2330, expect momentum to push towards upper resistance levels. Watch volume for confirmation on the next bullish push.
⚠️ Risk Management: Risk only 1-2% of your capital per trade. Adjust position size accordingly to maintain discipline.
💬 Do you see this breakout turning into a full rally? Comment 🚀 if you agree!
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