$PNUT /USDT BULLISH BREAKOUT IMMINENT š
Key Levels:
- Current Price: $0.6985
- 24h High: $0.7217
- 24h Low: $0.6409
- Support Level: $0.6672
- Resistance Level: $0.7217
Trade Setup:
- Long Entry: $0.6985
- Take Profit (TP): $0.7217
- Stop Loss (SL): $0.6672
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 1-2% of your trading capital.
Summary:
We are looking for a long trade on $PNUT/USDT due to the recent bullish momentum and the price approaching the resistance level of $0.7217. The current price of $0.6985 offers a good entry point with a favorable risk/reward ratio. The stop loss is set just below the support level to minimize potential losses. This setup is based on the expectation of a bullish breakout above the resistance level. ššø
Happy trading and may the market be in your favor! ššø