The $PNUT /USDT pair on the 15-minute chart, currently priced at 0.8505, presents an opportunity for traders looking to capture incremental gains.
Setting an entry around 0.8500 aligns with the current price, allowing for immediate engagement with the market’s momentum.
The resistance level at 0.9200 acts as an upper limit to watch, while support at 0.7599 provides a fallback if the price experiences a pullback.
Target points are set closely, with TP1 at 0.8600, TP2 at 0.8750, and TP3 at 0.8810, aiming for gradual gains. To manage potential risk, a stop loss at 0.8000 is recommended, offering protection just below the support level.
This strategy balances capturing profits with risk management, suitable for the current volatile conditions.