$PNUT
PNUT/USDT 15m Analysis (June 13, 2025)
Price: $0.22523
Change: -9.56%
Trend: Short-term recovery showing weakness near resistance
Indicators Insight:
EMA(7 & 15): Slight bearish crossover, signaling weakening momentum.
EMA(25 & 99): Price got rejected near EMA(99) ($0.2296), suggesting strong resistance.
MACD: Bearish crossover forming, with MACD line below signal line → potential short-term downtrend.
Volume: Decreasing after a high-volume pump – indicates fading bullish pressure.
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Trade Setup:
🔻 Short Position Setup:
Entry: $0.22500 – $0.22600
Target 1: $0.22050
Target 2: $0.21350 (day's low)
Stop-loss: $0.22960 (above EMA(99))
🟢 Long Only If:
Price breaks above $0.2300 with volume confirmation
Target: $0.23830 – $0.24700
SL: $0.22400
Bias: Bearish below EMA(99), sideways if holding $0.225.
Recommendation: Watch for a retest of $0.220 zone or breakout above $0.230 for direction confirmation.
