$PNUT Trade Setup – Bottom Consolidation, Breakout Potential Ahead

$PNUT is currently consolidating near a key bottom support zone. If buying volume increases, a strong bounce from the current range could trigger a sharp upside move.

Long Trade Setup

Entry Zone: $0.2200 – $0.2300

Targets:

Target 1: $0.3000

Target 2: $0.4000

Target 3: $0.5000

🔻 Stop Loss: $0.1500

Key Levels to Watch

Support Zones: $0.2118 / $0.1504 / $0.1000

Resistance Levels: $0.3000 / $0.4000 / $0.5334

Technical Insight:

Price action is forming a base near major demand levels. A breakout above $0.3000 with volume confirmation may open the path toward mid- to high-range targets.

Risk Management Tip:

Stick to your stop loss and avoid over-leveraging. Max leverage: 2x–3x, with no more than 2% capital risk per trade.

Watch for a breakout candle with rising volume for stronger confirmation.#PNUT #BinanceTurns8 #BreakoutTradingStrategy #TrumpTariffs #DayTradingStrategy