🔧 Trading Strategy Setup (For PNUT/USDT)
🎯 Goal: Profit from a bounce or trend reversal (buy low, sell higher)
⏱️ Timeframe: 1h to 4h chart (short/mid-term)
1. 🔍 Identify Key Levels
Support: $0.2527 (recent low)
Resistance 1: $0.2704 (MA7)
Resistance 2: $0.2917 (MA25)
2. 📉 Entry Strategy (Buy)
Wait for one of these signals:
✅ Bullish reversal candle near support ($0.2527), like a hammer or bullish engulfing.
✅ Price closes above MA(7) on the 1h chart (around $0.2704) — sign of short-term strength.
✅ Volume spike on a green candle = buying interest.
Buy Zone:
Between $0.2527 – $0.2600 if reversal signal appears.
3. 🎯 Profit Targets
Set Take Profits (TP) near resistance zones:
TP1: $0.2704 (MA7)
TP2: $0.2917 (MA25)
TP3: $0.3150 (if strong breakout)
4. 🛡️ Stop Loss (SL)
Always protect capital:
Set SL slightly below support = $0.2475
Risk management tip: Never risk more than 1-2% of your capital on one trade.
5. 📈 Optional Indicators to Add
To confirm entries:
RSI (14): Look for RSI < 30 = oversold.
MACD: Bullish crossover = possible bounce.
Volume: Increase in green volume = real buying.
Example Plan Summary
Action Level
Entry $0.2550–$0.2600
Stop Loss $0.2475
TP1 $0.2704
TP2 $0.2917
TP3 (aggressive) $0.3150
