PNUT Breakthrough Momentum, Daily Fluctuations Welcome Opportunities! Short-term Trading Full Analysis Market Opening

Current PNUT price is $1.2704, the overall daily trend is fluctuating upwards, market sentiment is active, and breakthrough momentum is beginning to show. In the past 24 hours, PNUT reached a high of $1.2850 and a low of $1.2500, with trading volume showing an increasing trend. In the short term, PNUT is attempting to break through key resistance to the upside but faces some selling pressure and strong volatility.

Technical Analysis and Key Levels

Support Levels:

First Support Level: $1.2600 Second Support Level: $1.2500

Resistance Levels:

First Resistance Level: $1.2800 Second Resistance Level: $1.3000

From the 1-hour candlestick chart, PNUT has entered a bullish trend in the short term, with the moving average system showing a golden cross, indicating sufficient upward momentum. The MACD fast and slow lines are operating above the zero line, but the momentum bars are beginning to shorten, so caution is needed for potential short-term adjustments. The middle band of the Bollinger Bands provides strong support, with the upper band capping near $1.2800.

Short-term Contract Strategy

1. Long Strategy

If the price retraces near $1.2600, consider attempting a light long position, setting the stop loss below $1.2550, with the target at $1.2800, and further breakthroughs could reach $1.3000. Suggested Leverage: 3-5 times, suitable for conservative investors to capture rebound opportunities.

2. Short Strategy

If the price rises to $1.2800 and encounters resistance before falling back, consider attempting a light short position near $1.2770, setting the stop loss above $1.2850, with the target at $1.2600, and further declines could reach $1.2500. Suggested Leverage: 5-8 times, suitable for aggressive investors to seize short-term pullback fluctuations.

Summary

PNUT is currently at a critical stage of fluctuating breakthroughs, with alternating bullish and bearish forces. Investors are advised to flexibly adjust strategies based on key levels, strictly set stop losses, and control position risks. When trading short-term, pay attention to changes in trading volume and market sentiment, avoid chasing highs or blindly bottom-fishing, and seek stable victories!