Can PNUT break through $1.13 at night? Short-term volatility brings super high profit opportunities!

Currently, the price of PNUT is $1.1254, and the recent market has shown some volatility, currently situated in the key range of $1.12 to $1.13. The night market is gradually stabilizing, but there is still a possibility of a breakthrough. If PNUT successfully breaks through $1.13, it may welcome a significant upward momentum.

Short-term T strategy: Long and short operations

1. Long strategy

Entry point: When PNUT breaks through $1.13 and stabilizes above this position, indicating strong upward momentum. Consider going long, with a target price set at $1.20, which may break through in the short term. Take profit point: The target price is $1.20, this position is a short-term resistance level for PNUT, once broken, this price may welcome a larger upward space. Stop loss point: If PNUT falls below $1.12, it indicates weak breakthrough power, and a stop loss is required.

Leverage recommendation: It is recommended to use 5x leverage. PNUT's current price range is relatively small, but the volatility is strong, using 5x leverage can effectively amplify profits while avoiding the risks brought by excessive leverage.

2. Short strategy

Entry point: If PNUT fails to break through $1.13 and forms strong pressure rebound at this position, consider going short. It is expected to pull back to $1.10 in the short term. Take profit point: The target price is $1.10, this position is a short-term support area for PNUT, if it pulls back to this level, decent short profit can be obtained. Stop loss point: If PNUT breaks through and stabilizes above $1.14, consider stopping loss to avoid significant losses.

Leverage recommendation: It is recommended to use 5x leverage. The price fluctuations of PNUT are usually not very severe, moderate leverage can help achieve ideal returns while lowering risks.

Currently, PNUT's price is consolidating, and after breaking through the $1.13 level, it may welcome a rapid rise, with the target price set at $1.20. If the breakthrough continues, then $1.25 and $1.30 are also reasonable expectations.

However, if tonight's market fails to break through this range, PNUT may pull back to around $1.10. Depending on the dynamic changes in the market, if more buyers enter in the next few days, PNUT may also break through long-term resistance, bringing greater increases.

Tonight is a crucial moment to determine PNUT's future trend; breaking through $1.13 may lead to an explosion, missing it would be a regret for investors! $PNUT