$PNUT 🧨⏳🚨🚨
• Current trend: The market is generally in a bearish phase, but a technical rebound is emerging from the key support at 1.0137.
• Key indicators:
• 15m chart: Short-term bullish signal, with a neutral-bullish RSI and a recovering MACD.
• 1h chart: Fragile rebound, with moving averages close, but a lack of volume to confirm the momentum.
• 4h chart: Dominant bearish trend, bullish momentum remains insufficient.
• Critical levels:
• Supports: 1.0137 (essential to avoid a fall towards 1.0000).
• Resistances: 1.0830 (short term) and 1.1470 (medium term).
• Strategy:
• Short term: Buying opportunity if the price exceeds 1.0830, with targets at 1.1000 and a stop below 1.0137.
• Medium term: Wait for a clear break of the resistances to validate a bullish reversal.
Conclusion: The market is in a technical recovery phase but remains under selling pressure. Caution until the resistances are crossed.
