Here's a detailed trade setup for $PNUT /USDT (Peanut the Squirrel) based on the market data you provided:
📊 PNUT/USDT – Intraday & Short-Term Trade Setup (as of May 13, 2025)
Price Snapshot:
Current Price: $0.4000
24h High / Low: $0.4880 / $0.3624
24h Change: -3.24%
Volume (PNUT): ~440M
Volume (USD): ~$180M
Day Range Amplitude: 7.76%
MA(7): $0.3354
MA(25): $0.2124
MA(99): $0.1805
PNUT is well above all key moving averages, indicating strong recent momentum despite the daily pullback.
🟢 Bullish Setup (Trend Continuation / Reclaim Play)
Scenario: Price consolidates above $0.39–$0.40 and buyers step in for a second leg up.
Entry Zone: $0.3950 – $0.4020
Stop Loss: $0.3780 (intraday low)
Targets:
TP1: $0.4250
TP2: $0.4500
TP3: $0.4750
Volume Confirmation: Watch for buy walls around $0.4000 holding + rising hourly volume.
🔁 Alternative Entry (Buy the Dip Setup)
Scenario: Price wicks down toward the lower end of the day range.
Entry: $0.3750 – $0.3820
Stop Loss: $0.3600
Targets:
TP1: $0.4000 (round-trip)
TP2: $0.4200
TP3: $0.4400
🔴 Bearish Breakdown (Caution)
Scenario: If $0.3624 (day low) breaks with momentum, correction could deepen toward the 7-day MA.
Breakdown Level: $0.3600
Short-Term Support Below:
$0.3350 (MA7)
$0.3000 (psychological + round level)
📌 Key Observations:
Price is consolidating after a high volatility range, suggesting a breakout move is likely soon.
$0.4000 is a key pivot zone – holding it favors bulls; losing it favors a retracement.
The huge volume vs market cap suggests active speculative trading – ideal for scalping or short swing setups.
Would you like a visual trade zone chart or an alert condition script for TradingView for PNUT/USDT?
#TradeLessons #CryptoCPIWatch #CryptoRoundTableRemarks #Write2Earrn #Pnut