Analysis for PNUT based on the previous chart:
1. CURRENT POSITION HANDLING:
If LONG:
- IMMEDIATELY cut loss if entry > 1.15
- Reduce 50-70% position if in profit
- Move SL to breakeven for the remaining part
- Do not DCA more during this phase
If SHORT:
- Close 50% position at the current price
- Trail stop loss for the remaining part
- Be cautious of reverse pumps
2. MAIN SCENARIO:
A. BEARISH Scenario (Probability 70%):
Price targets:
- T1: 1.04-1.05 (-7%)
- T2: 0.98-1.00 (-12%)
- T3: 0.95 (-15%)
Reasons:
- Currently in a strong downtrend
- Breaking several key supports
- Increasing selling volume
- High selling pressure
B. RECOVERY Scenario (Probability 30%):
- Need to break 1.15 with high volume
- Target: 1.20-1.25
- Difficult to occur in the short term
3. NEW ENTRY RECOMMENDATIONS:
SHORT (Safer):
- Entry: Bounce back to 1.15-1.17
- Stop loss: 1.19
- Split orders into 3 parts
- Target as per bearish scenario
LONG (High risk):
- WAIT for price to reach 1.00-1.02
- Confirm bottom with volume
- Tight stop loss
- Do not FOMO buy at peaks
4. RISK MANAGEMENT:
- Small size (30% capital)
- Hard stop loss
- Do not average losing trades
- Prioritize capital preservation
5. IMPORTANT WARNING:
- The market is very weak
- Can decline further
- Do not FOMO or revenge trade
- Maintain stable mindset
6. ACTION PLAN:
- Stay outside and observe
- Wait for price to stabilize
- Only trade when there is a clear setup
- Ready to miss opportunities
7. MONITOR:
- Trading volume
- Reaction at supports
- BTC movements
- News related to the project
Conclusion:
- HIGH CAUTION
- PRIORITIZE capital preservation
- WAIT for better setup
- DO NOT TRADE EMOTIONALLY
