$PNUT 30 minutes line analysis
Let's talk about the trend of PNUT. Currently, the Squirrel Coin has completed a wave of rise, consolidation, and decline, and is now below the central trend area. Based on the funding rate, the bullish strength is slightly greater than the bearish strength, so the coin price is relatively low.
It is recommended to place buy orders at the bottom position, and we can see a high point for a pullback above. If it breaks through, we continue to be bullish; conversely, we can be bearish. Therefore, the suggestion is to go long, long, long.
Entry: below 0.7
Target: 0.724 + 0.744