$PNUT /USDT – Bulls Peeking Out from the Shell?🤔🔐👇
Current Price: 0.1257 USDT
Timeframe: 1D & 1H Chart Analysis
Trade Bias: Bullish (Buy Side Strategy)
Technical Highlights:📊
Higher Low Formation observed near the 0.1150 level – indicating early demand zone defense.
1H Chart shows a CHoCH (Change of Character) breakout above micro supply with rejections from 0.1327 resistance.
$PNUT Price is consolidating inside an OB Zone + FVG, with a possible support retest around 0.1245 - 0.1235, near 50 EMA.
Stochastic RSI on the 1H is approaching oversold territory (37.6 & 62.5) – early signs of buyer re-entry.
Daily Chart also shows a bullish flip attempt with a candle close above local structure.
Trade Plan – Long Setup👨🏫
Entry: 0.1235 – 0.1245 USDT✅
Target 1: 0.1325🎯
Target 2: 0.1430🎯
Stoploss: 0.1190☣️
RR Ratio: ~1:2.5
Pro Tips:🧑🏫
Wait for bullish candle confirmation in the 15m/1H TF near entry zone.
If $PNUT price reclaims 0.1285 with strong volume, expect momentum continuation.
Exit partials at each target to lock profits in this low-liquidity midcap.
Takeaway:👨❤️👨
"Market patience pays more than market predictions. PNUT is giving early signs of strength—trade the structure, not the hype."
Disclaimer: ⚠️
This is a technical analysis-based idea and not financial advice. Always DYOR before investing or trading.
