$PNUT
For Long Positions:
Entry Point: Consider entering near $0.7525 or if price pulls back to $0.7417 (support zone).
Targets:
1. $0.7879
2. $0.7901
Stop-Loss: Below $0.7254. 🚫
For Short Positions:
Entry Point: Only consider short positions if price falls below $0.7254.
Targets:
1. $0.7417
2. $0.7350
Stop-Loss: Above $0.7879. 🚫
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Technical Insights 🔍
MACD: The MACD line shows bullish momentum with the signal line below the MACD line. 📈
RSI: The RSI is not in the overbought region, suggesting potential for further gains. 🏁
Bollinger Bands: Bands are widening, indicating an increase in volatility and potential price action. 📉📈
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