$PNUT 🔥 PNUT/USDC Analysis: Which direction for the market? 🔥
📊 Key data:
💰 Current price: 1.0960 USDC (+2.57% over 24h).
📈 Volume (24h): 2.01 M USDC (moderate activity).
📉 Key support: 1.0125 USDC.
🔝 Major resistance: 1.1833 USDC.
🧭 Technical indicators to watch:
1️⃣ Moving averages (MA):
• MA 7 (short term):
• 4h: 1.1044 USDC ➡️ The price is just below 🚨.
• 1h: 1.1205 USDC ➡️ Bearish pressure 🛑.
• MA 25 (medium term):
• 4h: 1.1299 USDC ➡️ The price is struggling to break through this barrier 🚧.
2️⃣ RSI (relative strength index):
• RSI 12 (1h): 46 ➡️ Neutral zone, but close to oversold 📉.
• RSI 6 (15 min): 27 ➡️ Short-term oversold ⚡ Rebound in sight?
3️⃣ MACD:
• 💡 Weak bearish divergence.
• 4h: Below the signal line, caution for bulls 🚨.
🔮 Possible scenarios:
📈 Bullish scenario:
🔹 If the price exceeds 1.12 USDC, short-term target at 1.1833 USDC 🚀.
🔹 A close above 1.1833 USDC could target 1.25 USDC 🔥.
📉 Bearish scenario:
🔻 If the 1.0125 USDC support breaks, risk of falling towards 0.98 USDC or even 0.95 USDC ❄️.
➖ Neutral scenario:
🔄 Consolidation between 1.0125 USDC and 1.12 USDC, waiting for a directional impulse ⚡.
🚨 Conclusion:
PNUT plays with a critical zone between 1.0125 USDC (support) and 1.1833 USDC (resistance). RSI oversold in the short term = potential rebound, but the trend remains uncertain 😬.
👉 Strategy: Monitor volumes to confirm a trend! 📊 Beware of stop-losses to avoid unpleasant surprises.
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