$PNUT Long Signal: Eyes on a Recovery Rally!
$PNUT is currently trading at $1.2168, showing signs of consolidation after a dip. With its previous high at $1.4037, $PNUT may be gearing up for a rebound, offering a lucrative trading opportunity.
Trade Setup: Long Position
Entry Price: $1.2168
Take-Profit Targets:
TP1: $1.2700
TP2: $1.3200
TP3: $1.3800
Stop-Loss: $1.1500
Market Insights
Resistance Level: A breakout above $1.2700 could indicate a stronger upward move.
Support Zone: Holding above $1.1500 is crucial to sustain bullish momentum.
Pro Tip:
Watch the volume closely—if PNUT breaks above $1.2700 with strong buying pressure, it could accelerate toward higher targets. Manage risk by trailing your stop-loss as targets are hit.
Keep this on your radar—PNUT might surprise the market with its next move!
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