$PNUT T/USDT – LONG Setup (Reversal Attempt)

Entry Zone: $0.0515 – $0.0535

Stop Loss: $0.0495

Take Profits:

TP1: $0.0555

TP2: $0.0585

TP3: $0.0620

trade here $PNUT

PNUTUSDT

Perp

0.05517

+4.60%

Why this setup:

Price is sitting right above the 24h low ($0.0519) with a ~9% drop → short-term oversold.

Strong support forming around $0.051–0.052 zone.

If price reclaims $0.054–0.055, momentum shift likely → bounce continuation.

Alternative (Bearish):

Break below $0.0495 → downside continuation toward $0.047–0.045.

Strategy Tip:

Wait for confirmation (15m/1h bullish candle or volume spike). Avoid blind entry — this is a bounce play, not a trend reversal yet.

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