$PNUT /USDT
TECHNICAL ANALYSIS
$PNUT/USDT is currently trading at 0.7377, reflecting a significant 16.05% surge over the past 24 hours. This robust price increase suggests strong bullish momentum and substantial buying interest.
TRADE SETUP
LONG ENTRY
Entry: 0.7377 (current price)
TP1: 0.8000
TP2: 0.8500
SL: 0.5989
RISK MANAGEMENT
Risk: 2% of trading capital
Risk to Reward Ratio: 1:2.1 to 1:3.6 (calculated based on entry price and TP1/TP2)
INDICATOR PREDICTION
Technical indicators currently favor a bullish trend for $PNUT/USDT. However, it’s crucial to monitor price action closely for potential shifts in market sentiment.