$PNUT /USDT Technical Analysis
Market Structure
$PNUT is trading at 0.0862, after testing a recent high of 0.0873 – 0.0875.
Price is consolidating near the mid-range of 0.0848 – 0.0875, showing mild bullish momentum.
Overall structure: range-bound with short-term bullish bias, buyers active near support.
Momentum & Volume
24h Volume: 19.49M → good liquidity
EMA / MA: price slightly above averages → short-term bullish bias
MACD: slightly positive → momentum favoring upside
Moderate pullback from recent highs is normal in meme coins
Trade Plan
Buy on Pullbacks:
📌 Buy Zone: 0.0854 – 0.0859 (support + EMA)
Invalidation / Exit:
❌ Exit if price goes below: 0.0848 (breakdown of range)
Targets
🎯 TP1: 0.0873 (recent high retest)
🎯 TP2: 0.0885
🎯 TP3: 0.0900 (next resistance zone)
Bias & Risk
Bias: Short-term Bullish
Structure: Pullback → continuation
Leverage: Low only (high meme volatility)
#USNonFarmPayrollReport #USTradeDeficitShrink #ZTCBinanceTGE #BTCVSGOLD #Write2Earn $PNUT
