🥜🔥 $PNUT USDT – BEARS IN CONTROL, BUT A REVERSAL COULD BE BREWING!
$PNUT is down ~7.84% today, trading at $0.2221, after breaking below key support. However, buyers are trying to defend the current zone to trigger a relief rally.
🔎 KEY LEVELS:
🔻 Support:
→ Immediate: $0.2209
→ Next major: $0.2174
→ Strong: $0.2125
🔺 Resistance:
→ $0.2360
→ $0.2542
→ $0.2572
→ $0.2675
📈 TRADE SETUP (LONG):
Entry Zone: $0.2220 – $0.2200
Take Profit Targets:
→ TP1: $0.2360
→ TP2: $0.2542
→ TP3: $0.2675
Stop Loss: $0.2170
💡 MARKET OUTLOOK:
The market structure is bearish with momentum fading, but current support around $0.2210 – $0.2170 could produce a relief bounce towards $0.2360 – $0.2542. For a strong bullish continuation, a daily close above $0.2572 is essential.
⚠️ RISK MANAGEMENT:
Enter only with strict stop loss. Never risk more than 2% per trade. Stay disciplined – falling knives need careful catches.
🧠 “In volatile markets, your edge is not prediction – it’s execution with discipline.”
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