BlockchainBaller
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Bearish
$PNUT /USDT on Edge – Major Rebound or Further Collapse❓$PNUT /USDT has shown a bounce from its 24-hour low of $0.1470, now trading at $0.1564. A critical decision zone lies ahead as the chart reflects signs of consolidation after recent sell-off pressure.
Long Trade Setup:
Entry Point: $0.1570
Targets:
TP1: $0.1630
TP2: $0.1690
TP3: $0.1740
Stop-Loss: $0.1465
Short Trade Setup:
Entry Point: $0.1550
Targets:
TP1: $0.1500
TP2: $0.1450
TP3: $0.1400
Stop-Loss: $0.1610
Market Insight:
The MACD indicates improving momentum, while SAR dots suggest potential resistance near $0.1616. A clear breakout above this level could confirm bullish intent, while rejection may deepen the retracement. Stay cautious for high volatility.
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Long Trade Setup:
Entry Point: $0.1570
Targets:
TP1: $0.1630
TP2: $0.1690
TP3: $0.1740
Stop-Loss: $0.1465
Short Trade Setup:
Entry Point: $0.1550
Targets:
TP1: $0.1500
TP2: $0.1450
TP3: $0.1400
Stop-Loss: $0.1610
Market Insight:
The MACD indicates improving momentum, while SAR dots suggest potential resistance near $0.1616. A clear breakout above this level could confirm bullish intent, while rejection may deepen the retracement. Stay cautious for high volatility.
#Write2Earn!
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