🛑 The Reason to Buy it is its Down now and it has the potential To Grow up and as it is the Bull Run it will Definitely Go up 🛑
🚨 $PNUT Drops After Highs – Reversal or Bounce? 🚨
PNUT is trading at $1.2163, down from a high of $1.3679, showing a bearish retracement. Immediate support lies at $1.1200 – a breakdown risks further slides. Resistance at $1.2720 – a reclaim could ignite bullish recovery.
Trade Setup:
Long Entry: Above $1.2720, targets at $1.3200, $1.3500, $1.3800. Stop loss at $1.2000.
Short Entry: Below $1.1200, targets at $1.0800, $1.0500, $1.0200. Stop loss at $1.1500.
Next Move: Bearish pressure dominates; $1.1200 critical for bulls to defend. Failure signals deeper correction; reclaiming $1.2720 could shift momentum.