โ๐ข LONG โ $PNUT /USDT ๐
โ๐ 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.
โ๐ Entry: $0.0408 โ $0.0414
โ๐ฏ Take Profit Targets:
โ$0.0435 ๐ฐ
โ$0.0450 ๐ฐ
โ$0.0480 ๐ฐ
โ๐ Stop Loss:โ $0.0380 โ
(Below the recent swing low)
โโก Leverage: Maxx
๐ผ Risk: 1% โ 2%
(Meme coins have high volatility)
โTechnical 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.
โNote: As a "MEME" category coin, it can be highly volatile. Ensure you stick to your risk management plan.