PNUTUSDT (15m) – Quick Analysis & Setup
Current Price: $0.42817 (+13.13%)
24h Range: Low $0.37448 – High $0.48870
Trend: Short-term bullish bounce from $0.39 support, but currently showing lower highs, indicating possible cooling.
Volume: High 24h volume (1.74B PNUT), but declining volume suggests waning momentum.
Key Indicators:
MA(7): $0.43614 (price under it – bearish short-term)
MA(25): $0.44092 (resistance zone)
MA(99): $0.41500 (support zone)
Setup Suggestion:
Entry: Wait for reclaim of MA(25) > $0.441 with volume for bullish continuation.
Support: $0.415 – $0.407 (watch for bounce zone)
Resistance: $0.450 – $0.488
Stop Loss: Below $0.407 if entering long
Target: $0.470 short-term, $0.488 high retest
Bias: Neutral-to-bullish short term, watch volume and CPI data reaction if relevant.