#TradeOfTheWeek

Now after correction

Immediate recommendation (Grade 1): Buy on PNUTUSDT futures

Entry price: 0.38300 - 0.38400

First target (TP1): 0.3980

Second target (TP2): 0.4120

Stop loss (SL): Close 5-minute candle below 0.3755

Technical analysis - Recommendation grade: 1 (94%)

The price is currently resting on the middle Bollinger support EMA25 with weak selling momentum.

RSI indicators have started to rise from oversold areas.

MACD shows signs of positive crossover on the 15-minute timeframe.

Trading volume is balanced after a correction wave, which suggests the price is ready for another breakout.

Entry condition and confirmation:

Close 5-minute candle above 0.3850 with good volume and clear breakout of the EMA7 average.

Disclaimer:

This recommendation is based on momentary analysis and is not direct financial advice. Ensure to manage your capital and adhere to the specified stop loss.