Day 6 - Trade 5 | $100 to $1000 Challenge
Previous Balance: $163
๐น Pair: PNUT/USDT
๐น Trade Type: Long ๐
๐น Entry Zone: $0.168 - $0.173
๐น Stop Loss (SL): $0.159
๐น Take Profit 1 (TP1): $0.187 โ
๐น Take Profit 2 (TP2): $0.206 โ
๐น Take Profit 3 (TP3): $0.282 (Extended Target) ๐
๐น Leverage: 10x-15x
๐น Risk Management: 1.5% Risk Per Trade
๐ Technical Analysis:
โ RSI (36) suggests oversold conditions, indicating a potential reversal.
โ Support Level at $0.164, acting as a strong accumulation zone.
โ Bullish KDE Optimized RSI (54.41%) shows buying pressure building up.
๐ฅ Strategy: Enter within the $0.168-$0.173 range with SL at $0.159. If price holds above this support, we anticipate a move towards $0.187 and beyond. If it breaks below, we reassess for a short setup.
๐ Objective: Grow from $163 to the next milestone!
๐ Letโs keep the momentum going! #cryptotrading #MarketPullback #TrumpCongressSpeech #Pnut #100To1000Challenge $PNUT