$PNUT /USDT Trade Setup - Key Long and Short Opportunities
Current Price: $1.1169
24h High: $1.1792 | 24h Low: $1.1015
š Long Trade Setup
Entry Zone: $1.11 - $1.12
Targets: $1.15 / $1.17 / $1.18
Stop Loss: Below $1.10
Analysis: $PNUT /USDT has established strong support at $1.1015 and shows signs of consolidation. A move above $1.1260 could signal a bullish push towards resistance levels at $1.15 and $1.17. Watch for volume confirmation during the breakout.
š» Short Trade Setup
Entry Zone: $1.15 - $1.18
Targets: $1.12 / $1.10 / $1.09
Stop Loss: Above $1.19
Analysis: If $PNUT /USDT fails to break through the $1.1792 resistance, sellers could regain control. A rejection near the highs could lead to a retest of key support levels around $1.10 and $1.09.
š Key Observations
Support Zone: $1.10 - $1.1015 acts as a critical level for bullish defense.
Resistance Zone: $1.15 - $1.18 remains key for breakout confirmation.
Volume Watch: Increased buying volume near breakout levels will confirm bullish momentum.
ā ļø Risk Management: Use stop-loss strategies for both setups to manage volatility and avoid overexposure.
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