🚀 $PNUT
USDT – Bulls Eyeing $0.215+ Retest
PNUT is trading at 0.2077 (+0.58%), holding steady after bouncing from the 24H low of 0.2023 and approaching the 24H high of 0.2153. The price is sitting near the MA(7) and MA(99), but still slightly under the MA(25), showing consolidation before a potential breakout.
🔑 Key Levels
Support Zone: 0.2050 – 0.2020 (near 24H low & MA(99))
Immediate Resistance: 0.2100 – 0.2130 (MA25 & local high)
Next Resistance: 0.2150 – 0.2180
📊 Trade Setup
Entry Zone: 0.2065 – 0.2080
Stop Loss (SL): Below 0.2020
Take Profit (TP):
🎯 TP1: 0.2100
🎯 TP2: 0.2130
🎯 TP3: 0.2150 – 0.2180
⚡ Strategy Insight
PNUT is consolidating tightly between support and resistance. A close above 0.2100 could invite fresh buying pressure, targeting the 0.215+ zone. Conversely, failure to hold above 0.2050 may lead to a retest of 0.2020 support.
📌 Pro Tip: Keep an eye on volume near 0.2100 — strong volume confirmation will be key for a breakout rally.