$PNUT USDT BULLISH SETUP: READY FOR A STRONG REBOUND š
Market Next Move:
$PNUT is showing signs of a potential bullish reversal after holding key support. Buyers are stepping in near the $0.2360 zone, indicating a possible push towards higher resistance levels.
š¹ Key Levels:
Current Price: $0.2374
Support: $0.2360 ā $0.2238
Resistance: $0.2542 ā $0.2571 ā $0.2675
š Trade Setup (LONG):
Entry Zone: $0.2360 ā $0.2380
Take Profit 1: $0.2542
Take Profit 2: $0.2571
Take Profit 3: $0.2675
Stop Loss: $0.2229
Short Market Outlook:
Price is consolidating above a strong previous demand zone, forming a potential higher low structure. Breakout above $0.2440 could accelerate bullish momentum towards target zones. Volume remains stable, supporting the potential for an upside move.
ā ļø Risk Management:
Risk only 1-2% per trade. Wait for confirmation candles before entering to avoid false breakouts.
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