🟢 LONG — $PNUT /USDT 🚀
📊 Trend Breakdown:
$PNUT is showing bullish signs as it has broken above all three major Moving Averages: MA(7) ($0.0401), MA(25) ($0.0401), and MA(99) ($0.0408). The price is currently at $0.0414, reflecting a +5.34% increase.
📍 Entry: $0.0408 – $0.0414
🎯 Take Profit Targets:
$0.0435 💰
$0.0450 💰
$0.0480 💰
🛑 Stop Loss: $0.0380 ❌
(Below the recent swing low)
⚡ Leverage: Maxx
💼 Risk: 1% – 2%
(Meme coins have high volatility)
Technical Summary:
The chart shows a strong bullish candle that peaked at $0.0422 before a slight consolidation. Since the price is holding above the MA(99) resistance-turned-support, the trend favors continued upside momentum. The volume also remains relatively steady during this breakout.
Note: As a "MEME" category coin, it can be highly volatile. Ensure you stick to your risk management plan.
📊 Trend Breakdown:
$PNUT is showing bullish signs as it has broken above all three major Moving Averages: MA(7) ($0.0401), MA(25) ($0.0401), and MA(99) ($0.0408). The price is currently at $0.0414, reflecting a +5.34% increase.
📍 Entry: $0.0408 – $0.0414
🎯 Take Profit Targets:
$0.0435 💰
$0.0450 💰
$0.0480 💰
🛑 Stop Loss: $0.0380 ❌
(Below the recent swing low)
⚡ Leverage: Maxx
💼 Risk: 1% – 2%
(Meme coins have high volatility)
Technical Summary:
The chart shows a strong bullish candle that peaked at $0.0422 before a slight consolidation. Since the price is holding above the MA(99) resistance-turned-support, the trend favors continued upside momentum. The volume also remains relatively steady during this breakout.
Note: As a "MEME" category coin, it can be highly volatile. Ensure you stick to your risk management plan.