$PNUT is still showing bullish strength despite today's pullback. 🥜📈
Possible plan 👇
🟢 Long Zone: $0.04200 – $0.04250
🎯 Target 1: $0.04464
🎯 Target 2: $0.04550
🎯 Target 3: $0.04700
❌ Invalidation / Stop Loss: Below $0.04040
The token gained 5.95% over the last 24 hours, rallying from $0.04043 to $0.04464 before seeing some profit-taking. Even after the intraday retracement, price is still trading in the upper half of the daily range, which suggests buyers haven't lost control yet.
The short-term market structure remains bullish with higher highs and higher lows. Volume has cooled slightly after the initial surge, but it's still healthy enough to support another attempt at the recent high if buyers defend support.
📊 Key levels to watch:
• Support: $0.04200 – $0.04100
• Resistance: $0.04464 – $0.04500
• Major breakout zone: Above $0.04500
Volume is easing after the rally, so a breakout above resistance should ideally be accompanied by renewed buying activity.
As long as $PNUT holds above the $0.04200 support area, the short-term bias remains bullish. A clean break above $0.04464 could trigger another leg higher. 🚀
No financial advice. Manage risk properly.
Possible plan 👇
🟢 Long Zone: $0.04200 – $0.04250
🎯 Target 1: $0.04464
🎯 Target 2: $0.04550
🎯 Target 3: $0.04700
❌ Invalidation / Stop Loss: Below $0.04040
The token gained 5.95% over the last 24 hours, rallying from $0.04043 to $0.04464 before seeing some profit-taking. Even after the intraday retracement, price is still trading in the upper half of the daily range, which suggests buyers haven't lost control yet.
The short-term market structure remains bullish with higher highs and higher lows. Volume has cooled slightly after the initial surge, but it's still healthy enough to support another attempt at the recent high if buyers defend support.
📊 Key levels to watch:
• Support: $0.04200 – $0.04100
• Resistance: $0.04464 – $0.04500
• Major breakout zone: Above $0.04500
Volume is easing after the rally, so a breakout above resistance should ideally be accompanied by renewed buying activity.
As long as $PNUT holds above the $0.04200 support area, the short-term bias remains bullish. A clean break above $0.04464 could trigger another leg higher. 🚀
No financial advice. Manage risk properly.