Don't overlook! What astonishing potential does PNUT have?
Strong signals of a turnaround in adverse conditions, support and resistance are clear at a glance!
The showdown between bulls and bears is about to begin, and the opportunity cannot be missed!
Market Analysis:
PNUT is currently experiencing a critical stage of bottom rebound, with recent trading volume expanding, prices gradually stabilizing, and bulls testing the upper resistance area. Short-term investors need to pay attention to volatility risks and operate cautiously.
Support and Resistance Levels:
• Support Levels: $0.65, $0.62, $0.59
• Resistance Levels: $0.72, $0.75, $0.78
Short-term Trading Strategy:
Go Long:
• Entry Point: $0.68
• Add Position Point: $0.66
• Stop Loss Point: $0.58
• Take Profit Targets: First Target $0.72; Second Target $0.75; Third Target $0.78
Go Short:
• Entry Point: $0.72
• Add Position Point: $0.74
• Stop Loss Point: $0.79
• Take Profit Targets: First Target $0.68; Second Target $0.66; Third Target $0.62
My Prediction:
Currently, PNUT has a clear advantage for bulls, and it is expected to break through the resistance level of $0.72 in the short term, so bullish positioning opportunities can be considered.
【Every day I will share analysis of mainstream coins and altcoins with my brothers, you can click on the coin pair tags in the article for trading, and I wish my brothers and sisters a bountiful profit!】
