PNUT Short-term Explosion Eve?

After a rebound from a low position, the short-term trend is gradually improving.

Point Analysis

• Support Level: $0.720 (short-term support), $0.585 (strong support).

• Resistance Level: $0.805 (short-term resistance), $1.00 (important resistance).

Trend Signals

1. Moving Average Breakthrough: The price breaks above MA(7) and approaches MA(25), establishing a short-term rebound pattern.

2. Increased Trading Volume: Daily trading volume has significantly increased, indicating that market funds are starting to flow back.

3. Strengthening MACD: The DIF line is gradually approaching the DEA line, suggesting a significant weakening of bearish power, and bulls may take the initiative.

Operation Suggestions

• Short-term Layout: Light position testing can be done in the $0.720-$0.750 range, with a target of $0.805 and a stop-loss at $0.700.

• Medium-term Strategy: After breaking $0.805, additional positions can be added, aiming for the psychological barrier of $1.00.

• Risk Warning: If the price falls below $0.720, it may retest the low point of $0.585, and timely stop-losses are necessary.

Summary

PNUT is currently in the early stages of a rebound from a low position, with a bullish outlook in the short term, but close attention should be paid to the breakthrough situation at $0.805. This is a good time for light position testing, and it is recommended to flexibly adjust positions and wait for clear signals from the main players before adding positions.