$PNUT
Point Analysis:
1. Key Support Levels:
• First Support Level: $0.7400 (Current Price Support Level)
• Second Support Level: $0.6775 (Intraday Low)
• Third Support Level: $0.5000 (Psychological Support Level)
2. Key Resistance Levels:
• First Resistance Level: $0.7560 (Intraday High)
• Second Resistance Level: $0.8632 (Upper Pressure)
• Third Resistance Level: $1.105 (25-Day Moving Average)
Bullish and Bearish Direction Forecast:
Current PNUT price $0.7456, up 7.93% intraday, showing signs of a short-term rebound. From the MA(7) trend, the price is testing short-term moving average resistance, but there are significant resistances above, limiting the rebound strength.
Strategy Suggestions:
• Long Position Strategy:
If the price breaks above $0.7560 and stabilizes, consider a light long position with a stop loss set at $0.7400 and target price levels of $0.8632/$1.000.
• Short Position Strategy:
If the price falls below $0.7400, consider a light short position with a stop loss set at $0.7560 and target price levels of $0.6775/$0.5000.
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