$PNUT /USDT BULLISH REVERSAL EXPECTED FROM LOCAL SUPPORT ZONE!
Price action on the 15-minute chart shows $PNUT /USDT forming a strong double bottom around the $0.1750 level, followed by a bullish engulfing candle. This signals a potential reversal from the recent downtrend as buyers regain momentum near key intraday support.
Trade Setup (Long):
Entry Zone: $0.1780 – $0.1800
Take Profit Targets: $0.1855 / $0.1900
Stop Loss: $0.1745
Market Outlook:
If the current support holds, bullish momentum could drive price toward recent highs. However, a break below $0.1745 would invalidate the setup and suggest continuation of the downtrend. Risk management is crucial as volatility remains high.
Command: Enter now before the rocket takes off!
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