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PHB Technical Analysis: Free Fall and Potential Bottom Looking at the current data for PHB with a 70% drop in 24h, the market structure is in an extremely Bearish state. The current price of 0.0150$ is sitting well below both the MA20 and EMA9 on both the 15m and 1h charts. The significant gap between the price and the moving averages indicates that the sell-off is far from over, with sellers completely in control of the game. From a technical standpoint, the levels of 0.0219 (EMA9 on the 15m chart) and 0.0294 (EMA9 on the 1h chart) have now become strong resistance. The downtrend structure shows no signs of forming a short-term bottom, and any attempts to catch this falling knife are extremely risky at this moment. It's not advisable to look for LONG positions while the dominant trend is still heading south. Trading Plan: For those holding, risk management should be the top priority. For those waiting, stay on the sidelines and observe the equilibrium zone. Don’t rush into a trade until you see signs of divergence or confirmation of a recovery from new support levels. The current level of 0.0150$ lacks a reliable support base, and the potential for a Fakeout is very high. If the price continues to break below, be patient and wait for the market to stabilize its structure. Absolutely avoid using high leverage in such a volatile environment. $PHB #crypto #trading #phb #ptkt Note: This is a personal opinion, not investment advice. Be cautious with your trading (dyor).
PHB Technical Analysis: Free Fall and Potential Bottom

Looking at the current data for PHB with a 70% drop in 24h, the market structure is in an extremely Bearish state. The current price of 0.0150$ is sitting well below both the MA20 and EMA9 on both the 15m and 1h charts. The significant gap between the price and the moving averages indicates that the sell-off is far from over, with sellers completely in control of the game.

From a technical standpoint, the levels of 0.0219 (EMA9 on the 15m chart) and 0.0294 (EMA9 on the 1h chart) have now become strong resistance. The downtrend structure shows no signs of forming a short-term bottom, and any attempts to catch this falling knife are extremely risky at this moment. It's not advisable to look for LONG positions while the dominant trend is still heading south.

Trading Plan:
For those holding, risk management should be the top priority. For those waiting, stay on the sidelines and observe the equilibrium zone. Don’t rush into a trade until you see signs of divergence or confirmation of a recovery from new support levels. The current level of 0.0150$ lacks a reliable support base, and the potential for a Fakeout is very high. If the price continues to break below, be patient and wait for the market to stabilize its structure. Absolutely avoid using high leverage in such a volatile environment.

$PHB #crypto #trading #phb #ptkt

Note: This is a personal opinion, not investment advice. Be cautious with your trading (dyor).
Looking at the technical data for A2Z on the 15m and 1h charts, we see that the price is moving sideways around the 0.0001 level after a sharp drop of -53.846%. The convergence of both the MA20 and EMA9 at this price point indicates that market momentum is extremely weak and liquidity is lacking. Current structure: sideways accumulation following a deep decline. The price has yet to break above the moving averages, showing that the bears still control the game. Without a sudden influx of capital pushing the price above the 0.0001 level, the likelihood of another drop is very high. Support and resistance: the 0.0001 zone is currently acting as a key short-term resistance. Every recovery attempt hitting this mark is being blocked. No solid bottom has been established to confirm a new bullish wave structure. Trading plan: For the LONGs: this is a zone of extreme risk, absolutely do not try to catch the bottom without a breakout signal along with high volume. Wait for the price to decisively close a candlestick above the MA20 on the 1h chart. For the SHORTs: set a stop loss above the 0.00012 level. The optimal strategy is to wait for a weak rebound (fakeout) at the 0.0001 resistance before continuing to seek profits in the main downtrend. In summary, A2Z is in a sensitive phase. Stay disciplined, set tight stop losses, and avoid FOMO during this period of unclear trend. $A2Z #crypto #trading #priceaction #ptkt Note: this is a personal opinion, not an investment advice. Please be cautious with your trading (DYOR).
Looking at the technical data for A2Z on the 15m and 1h charts, we see that the price is moving sideways around the 0.0001 level after a sharp drop of -53.846%. The convergence of both the MA20 and EMA9 at this price point indicates that market momentum is extremely weak and liquidity is lacking.

Current structure: sideways accumulation following a deep decline. The price has yet to break above the moving averages, showing that the bears still control the game. Without a sudden influx of capital pushing the price above the 0.0001 level, the likelihood of another drop is very high.

Support and resistance: the 0.0001 zone is currently acting as a key short-term resistance. Every recovery attempt hitting this mark is being blocked. No solid bottom has been established to confirm a new bullish wave structure.

Trading plan:
For the LONGs: this is a zone of extreme risk, absolutely do not try to catch the bottom without a breakout signal along with high volume. Wait for the price to decisively close a candlestick above the MA20 on the 1h chart.
For the SHORTs: set a stop loss above the 0.00012 level. The optimal strategy is to wait for a weak rebound (fakeout) at the 0.0001 resistance before continuing to seek profits in the main downtrend.

In summary, A2Z is in a sensitive phase. Stay disciplined, set tight stop losses, and avoid FOMO during this period of unclear trend.

$A2Z #crypto #trading #priceaction #ptkt

Note: this is a personal opinion, not an investment advice. Please be cautious with your trading (DYOR).
Market analysis of $A2Z after a sharp drop of -53.846% in the last 24 hours, the structure of A2Z is currently in a temporary state of saturation. on the 15m and 1h charts, both price, MA(20), and EMA(9) are converging at the level of 0.0001. this indicates that supply and demand are canceling each other out, and the market is going sideways within a very narrow range after the crash. from a technical standpoint, the current trend is neutral with a potential bearish bias if selling pressure returns. the MA(20) and EMA(9) are acting as short-term dynamic resistance. as long as the price does not create a decisive breakout structure above the 0.0001 level with significant volume, we cannot confirm a recovery. trading plan: the current safe range is around 0.0001. for those looking to LONG, be patient and wait for a reversal signal or the formation of a higher low on smaller timeframes, absolutely do not catch falling knives without confirmation from price action. for those looking to SHORT, the 0.0001 level is the nearest resistance, you can set orders here if a rejection signal appears. manage risk tightly, as with this level of decline, volatility will be unpredictable and prone to fakeouts. pay close attention to trading volume at the current price level to decide on your entry. $A2Z #crypto #trading #priceaction #ptkt note: this is a personal opinion, not investment advice. please be cautious with your trades (dyor).
Market analysis of $A2Z

after a sharp drop of -53.846% in the last 24 hours, the structure of A2Z is currently in a temporary state of saturation. on the 15m and 1h charts, both price, MA(20), and EMA(9) are converging at the level of 0.0001. this indicates that supply and demand are canceling each other out, and the market is going sideways within a very narrow range after the crash.

from a technical standpoint, the current trend is neutral with a potential bearish bias if selling pressure returns. the MA(20) and EMA(9) are acting as short-term dynamic resistance. as long as the price does not create a decisive breakout structure above the 0.0001 level with significant volume, we cannot confirm a recovery.

trading plan:
the current safe range is around 0.0001. for those looking to LONG, be patient and wait for a reversal signal or the formation of a higher low on smaller timeframes, absolutely do not catch falling knives without confirmation from price action. for those looking to SHORT, the 0.0001 level is the nearest resistance, you can set orders here if a rejection signal appears. manage risk tightly, as with this level of decline, volatility will be unpredictable and prone to fakeouts.

pay close attention to trading volume at the current price level to decide on your entry.

$A2Z #crypto #trading #priceaction #ptkt

note: this is a personal opinion, not investment advice. please be cautious with your trades (dyor).
STRAX Technical Analysis: Hot Bull Run Requires Caution Currently, STRAX is showcasing a strong bullish wave structure across both timeframes. On the 15m chart, the price is above the MA(20) at 0.0133 and EMA(9) at 0.0137, confirming that the short-term bullish trend is still intact. On the 1h chart, there is a clear positive divergence as the price holds at 0.0139 compared to the MA(20) at 0.0100 and EMA(9) at 0.0123, indicating that buying pressure is fully in control of the game. Regarding the range, the current strong support level is established around the 0.0123 - 0.0133 area, which is a convergence zone between the moving averages. If the price stays above these levels, the likelihood of a breakout continues to be very high. However, with a volatility of over 65% in 24h, one must be cautious of a potential local correction to retest previous support zones. Trading Plan: For the LONG side: avoid FOMO at the current price range. Wait for a pullback to test the 0.0130 - 0.0133 zone to establish a safe position. Set a tight stop-loss just below the support area on the 1h chart. For the SHORT side: only consider entry when there is a fakeout signal at higher resistance levels or when the price breaks below the EMA(9) on the 15m chart. This is a high-risk top-ticking trade, requiring strict capital management. The market is extremely euphoric; focus on risk management rather than trying to guess the top. $STRAX #crypto #trading #priceaction #ptkt Note: This is a personal opinion and not investment advice. Please be cautious with your trades (DYOR).
STRAX Technical Analysis: Hot Bull Run Requires Caution

Currently, STRAX is showcasing a strong bullish wave structure across both timeframes. On the 15m chart, the price is above the MA(20) at 0.0133 and EMA(9) at 0.0137, confirming that the short-term bullish trend is still intact. On the 1h chart, there is a clear positive divergence as the price holds at 0.0139 compared to the MA(20) at 0.0100 and EMA(9) at 0.0123, indicating that buying pressure is fully in control of the game.

Regarding the range, the current strong support level is established around the 0.0123 - 0.0133 area, which is a convergence zone between the moving averages. If the price stays above these levels, the likelihood of a breakout continues to be very high. However, with a volatility of over 65% in 24h, one must be cautious of a potential local correction to retest previous support zones.

Trading Plan:
For the LONG side: avoid FOMO at the current price range. Wait for a pullback to test the 0.0130 - 0.0133 zone to establish a safe position. Set a tight stop-loss just below the support area on the 1h chart.
For the SHORT side: only consider entry when there is a fakeout signal at higher resistance levels or when the price breaks below the EMA(9) on the 15m chart. This is a high-risk top-ticking trade, requiring strict capital management.

The market is extremely euphoric; focus on risk management rather than trying to guess the top.

$STRAX #crypto #trading #priceaction #ptkt

Note: This is a personal opinion and not investment advice. Please be cautious with your trades (DYOR).
A2Z Technical Analysis: Maximum Risk Zone Looking at the current technical data, A2Z is in an extremely tight sideways range after a 53% drop. With the current price at 0.0001, both MA(20) and EMA(9) on the 15m and 1h charts are converging at this level. This indicates that supply and demand are temporarily balanced at the new bottom, with no signs of trend reversal. The price structure on the 1h chart is currently strongly bearish due to the previous downtrend, but the inability to break below the 0.0001 level suggests this is a temporary psychological support zone. The dominant trend remains accumulation while waiting for a breakout; we need to closely monitor price reactions at the MA(20) zone. Trading Plan: For LONG positions: This is a very dangerous area to catch a falling knife. Only consider LONG if the price forms a higher low structure after a previous low and decisively breaks above the EMA(9) with high volume. For SHORT positions: Shorting in this price region has already halved accounts, so it’s not recommended. Wait for a pullback to resistance around 0.00012; if there’s a fakeout signal, that would be a reasonable entry point. The crypto market is full of volatility, especially with coins that have large swings like A2Z. Discipline is the key to survival. $A2Z #crypto #trading #priceaction #ptkt Note: This is a personal opinion, not investment advice. Please be cautious with your trades (dyor).
A2Z Technical Analysis: Maximum Risk Zone

Looking at the current technical data, A2Z is in an extremely tight sideways range after a 53% drop. With the current price at 0.0001, both MA(20) and EMA(9) on the 15m and 1h charts are converging at this level. This indicates that supply and demand are temporarily balanced at the new bottom, with no signs of trend reversal.

The price structure on the 1h chart is currently strongly bearish due to the previous downtrend, but the inability to break below the 0.0001 level suggests this is a temporary psychological support zone. The dominant trend remains accumulation while waiting for a breakout; we need to closely monitor price reactions at the MA(20) zone.

Trading Plan:
For LONG positions: This is a very dangerous area to catch a falling knife. Only consider LONG if the price forms a higher low structure after a previous low and decisively breaks above the EMA(9) with high volume.
For SHORT positions: Shorting in this price region has already halved accounts, so it’s not recommended. Wait for a pullback to resistance around 0.00012; if there’s a fakeout signal, that would be a reasonable entry point.

The crypto market is full of volatility, especially with coins that have large swings like A2Z. Discipline is the key to survival.

$A2Z #crypto #trading #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Please be cautious with your trades (dyor).
Technical analysis of $A2Z: warning signals from the charts. The current price of A2Z is at 0.0001 after a massive drop of 53.846%. Looking at the 15m and 1h timeframes, the price is right near the MA20 and EMA9 lines. The overlap between these moving averages indicates that the market is in a state of low liquidity or extremely weak accumulation following the sell-off. Trend assessment: Currently, the market is in a narrow sideways range on the short term after a strong bearish trend. The price hugging the EMA9 and MA20 suggests that buyers are trying to catch the bottom, but there isn’t enough strong capital flow to create a breakout. Support and resistance zones: The level of 0.0001 is acting as a psychological barrier. If the price cannot hold and closes a candlestick below this level, the likelihood of further sliding is very high. The nearest resistance is right at the convergence of EMA9/MA20. Any bounce back up to this zone without significant trading volume poses a risk of being a fakeout. Trading plan: - For the LONG side: Only consider entering a position when there’s confirmation of strong capital pushing the price decisively above the dynamic resistance, along with a bullish wave structure forming on the 15m chart. Don’t try to catch the bottom until there’s a clear reversal signal. - For the SHORT side: Look for the nearest recovery zone at MA20 if you see a rejection candlestick forming. Set your stop loss just above this resistance zone to ensure safety. In summary, A2Z is in a high-risk stage; avoid participating if you don’t have strict capital management skills. $A2Z #crypto #trading #priceaction #ptkt Note: This is a personal opinion, not investment advice. Be cautious with your trades (dyor).
Technical analysis of $A2Z: warning signals from the charts.

The current price of A2Z is at 0.0001 after a massive drop of 53.846%. Looking at the 15m and 1h timeframes, the price is right near the MA20 and EMA9 lines. The overlap between these moving averages indicates that the market is in a state of low liquidity or extremely weak accumulation following the sell-off.

Trend assessment: Currently, the market is in a narrow sideways range on the short term after a strong bearish trend. The price hugging the EMA9 and MA20 suggests that buyers are trying to catch the bottom, but there isn’t enough strong capital flow to create a breakout.

Support and resistance zones: The level of 0.0001 is acting as a psychological barrier. If the price cannot hold and closes a candlestick below this level, the likelihood of further sliding is very high. The nearest resistance is right at the convergence of EMA9/MA20. Any bounce back up to this zone without significant trading volume poses a risk of being a fakeout.

Trading plan:
- For the LONG side: Only consider entering a position when there’s confirmation of strong capital pushing the price decisively above the dynamic resistance, along with a bullish wave structure forming on the 15m chart. Don’t try to catch the bottom until there’s a clear reversal signal.
- For the SHORT side: Look for the nearest recovery zone at MA20 if you see a rejection candlestick forming. Set your stop loss just above this resistance zone to ensure safety.

In summary, A2Z is in a high-risk stage; avoid participating if you don’t have strict capital management skills.

$A2Z #crypto #trading #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Be cautious with your trades (dyor).
Looking at the A2Z candlestick chart, the current situation reflects a serious weakness with a nearly 54% drop over the past 24 hours. Assessing the structure and trend: On both the 15m and 1h timeframe, the price is currently hovering near the MA20 and EMA9 at the 0.0001$ level. The price moving close to these moving averages after a steep drop indicates that selling pressure is still fully in control of the market. The current trend is predominantly bearish. The price compression around 0.0001$ is not a reversal signal but rather a short-term accumulation state before the market decides on its next direction. Identifying support and resistance: The 0.0001$ zone currently acts as a short-term dynamic resistance level. If the sellers continue to dominate, the likelihood of a breakout below this level is very high. There are no signs of solid support, making the current volatility extremely risky for dip-buying positions. Trading plan: For the buyers, there is currently no safe entry point. Trying to catch the falling knife in a thin liquidity environment with significant sell pressure is a suicidal move. We need to wait for a clearer wave structure, at minimum, confirming a breakout of the 0.0001$ resistance with high volume. For the sellers, the area around 0.0001$ is where one could look to SHORT if strong supply pressure returns. The goal is to observe lower support zones based on past data. Be cautious of fakeouts pushing the price higher to trap liquidity before further drops. Prioritize tight capital management. $A2Z #crypto #trading #priceaction #ptkt Note: This is a personal opinion, not investment advice. Please be cautious with your trading (dyor).
Looking at the A2Z candlestick chart, the current situation reflects a serious weakness with a nearly 54% drop over the past 24 hours.

Assessing the structure and trend:
On both the 15m and 1h timeframe, the price is currently hovering near the MA20 and EMA9 at the 0.0001$ level. The price moving close to these moving averages after a steep drop indicates that selling pressure is still fully in control of the market. The current trend is predominantly bearish. The price compression around 0.0001$ is not a reversal signal but rather a short-term accumulation state before the market decides on its next direction.

Identifying support and resistance:
The 0.0001$ zone currently acts as a short-term dynamic resistance level. If the sellers continue to dominate, the likelihood of a breakout below this level is very high. There are no signs of solid support, making the current volatility extremely risky for dip-buying positions.

Trading plan:
For the buyers, there is currently no safe entry point. Trying to catch the falling knife in a thin liquidity environment with significant sell pressure is a suicidal move. We need to wait for a clearer wave structure, at minimum, confirming a breakout of the 0.0001$ resistance with high volume.
For the sellers, the area around 0.0001$ is where one could look to SHORT if strong supply pressure returns. The goal is to observe lower support zones based on past data. Be cautious of fakeouts pushing the price higher to trap liquidity before further drops. Prioritize tight capital management.

$A2Z #crypto #trading #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Please be cautious with your trading (dyor).
Looking at the current VIB chart, I see a scenario not for the faint-hearted. With a drop of over 63% in the last 24 hours, this is a massive sell-off that's completely shattered the market structure. Trend assessment: On both the 15m and 1h timeframes, the current price of 0.0022$ is well below the MA20 and EMA9 lines. Specifically, on the 1h chart, the MA20 is at 0.0090$ and the EMA9 is at 0.0060$, indicating an extremely bearish trend. The gap between the current price and the moving averages shows that selling pressure is still dominating, with no signs of balance or accumulation appearing yet. Support and resistance: Currently, VIB has fallen below traditional technical support zones. The range of 0.0050$ - 0.0060$ has now turned into strong resistance in the short term. Any bounce back towards this range will face significant sell pressure from those who are stuck holding higher positions. No solid support has been clearly established, so the risk of free fall still looms. Trading plan: For the LONG side: This is not the time to catch a falling knife. The wave structure is head-down, trying to LONG right now is like standing in front of a freight train. Wait for an accumulation pattern or a double bottom on the 1h timeframe before considering. For the SHORT side: The opportunity for a SHORT position has passed at higher price levels. At 0.0022$, the risk of hitting a technical bounce (short squeeze) is very high. It's best to stand back and observe (wait and see) or look for a SHORT entry when the price retraces to test the EMA9 resistance (0.0060$) and fails. In summary, the market is in a state of panic. Don't try to call the bottom when the downward momentum hasn't stopped yet. $VIB #VIB #crypto #trading #priceaction #ptkt Note: This is a personal opinion, not investment advice. Please be cautious with your trades (dyor).
Looking at the current VIB chart, I see a scenario not for the faint-hearted. With a drop of over 63% in the last 24 hours, this is a massive sell-off that's completely shattered the market structure.

Trend assessment:
On both the 15m and 1h timeframes, the current price of 0.0022$ is well below the MA20 and EMA9 lines. Specifically, on the 1h chart, the MA20 is at 0.0090$ and the EMA9 is at 0.0060$, indicating an extremely bearish trend. The gap between the current price and the moving averages shows that selling pressure is still dominating, with no signs of balance or accumulation appearing yet.

Support and resistance:
Currently, VIB has fallen below traditional technical support zones. The range of 0.0050$ - 0.0060$ has now turned into strong resistance in the short term. Any bounce back towards this range will face significant sell pressure from those who are stuck holding higher positions. No solid support has been clearly established, so the risk of free fall still looms.

Trading plan:
For the LONG side: This is not the time to catch a falling knife. The wave structure is head-down, trying to LONG right now is like standing in front of a freight train. Wait for an accumulation pattern or a double bottom on the 1h timeframe before considering.

For the SHORT side: The opportunity for a SHORT position has passed at higher price levels. At 0.0022$, the risk of hitting a technical bounce (short squeeze) is very high. It's best to stand back and observe (wait and see) or look for a SHORT entry when the price retraces to test the EMA9 resistance (0.0060$) and fails.

In summary, the market is in a state of panic. Don't try to call the bottom when the downward momentum hasn't stopped yet.

$VIB #VIB #crypto #trading #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Please be cautious with your trades (dyor).
ATA Technical Analysis: Free Fall and Risky Price Zone Looking at the current chart of ATA, the trend structure is showing serious weakness on both the 15m and 1h timeframes. The price is sitting below both the MA(20) and EMA(9) on these timeframes, confirming that the selling pressure is completely overwhelming the buyers. The dominant trend right now is bearish. Technical Assessment: The current price of 0.0012 is quite far from the MA(20) on the 1h (0.0019) and 15m (0.0014). The continuous closing below the moving averages indicates that the bears are still in control of the market, with no signs of accumulation or short-term bottom formation. The EMA(9) on both timeframes is acting as the nearest dynamic resistance, hindering any recovery attempts. Trading Plan: For the LONG position: This is not the time to catch a falling knife. The downtrend structure is too strong, and there are no breakout signals or reliable reversal patterns yet. We need to wait for the price to stabilize, create a higher low structure, or confirm bullish divergence on momentum indicators before considering a position. For the SHORT position: The main trend is still supporting the SHORTs. However, the sharp drop in the last 24 hours increases the risk of stop-loss hunts or fakeouts. It’s advisable to look for recovery bounces testing the EMA(9) on the 15m (0.0013) to find an entry point with the stop-loss set above the short-term MA(20). In summary, the market is in a state of panic. Observe the next psychological support zone rather than rushing into this extremely volatile range. $ATA #crypto #trading #priceaction #ptkt Note: This is a personal opinion, not investment advice. Please be cautious with your trading (dyor).
ATA Technical Analysis: Free Fall and Risky Price Zone

Looking at the current chart of ATA, the trend structure is showing serious weakness on both the 15m and 1h timeframes. The price is sitting below both the MA(20) and EMA(9) on these timeframes, confirming that the selling pressure is completely overwhelming the buyers. The dominant trend right now is bearish.

Technical Assessment:
The current price of 0.0012 is quite far from the MA(20) on the 1h (0.0019) and 15m (0.0014). The continuous closing below the moving averages indicates that the bears are still in control of the market, with no signs of accumulation or short-term bottom formation. The EMA(9) on both timeframes is acting as the nearest dynamic resistance, hindering any recovery attempts.

Trading Plan:
For the LONG position: This is not the time to catch a falling knife. The downtrend structure is too strong, and there are no breakout signals or reliable reversal patterns yet. We need to wait for the price to stabilize, create a higher low structure, or confirm bullish divergence on momentum indicators before considering a position.

For the SHORT position: The main trend is still supporting the SHORTs. However, the sharp drop in the last 24 hours increases the risk of stop-loss hunts or fakeouts. It’s advisable to look for recovery bounces testing the EMA(9) on the 15m (0.0013) to find an entry point with the stop-loss set above the short-term MA(20).

In summary, the market is in a state of panic. Observe the next psychological support zone rather than rushing into this extremely volatile range.

$ATA #crypto #trading #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Please be cautious with your trading (dyor).
Technical Analysis of $PNT: A Jump That Requires Caution PNT is currently seeing a growth of 45.228%, an impressive figure but also poses extreme risks for those looking to fomo in at the peak. Regarding trend structure: On the 15m chart, the price is above both the MA(20) and EMA(9), indicating that short-term momentum is still leaning towards the bulls. However, looking at the 1H chart, the current price of 0.0350$ is below the MA(20) at 0.0356$ and has just barely crossed above the EMA(9) at 0.0314$. The divergence between time frames warns that the structure may not be sustainable. This could be a pullback to retest the resistance zones above. Support and Resistance Levels: The current strong support based on the 1H EMA(9) sits at 0.0314$. If the price loses this level, there's a high likelihood of a drop to the MA(20) level at 0.0276$. On the resistance side, the zone at 0.0356$ is a crucial checkpoint. If we can't close an hourly candle confidently above this level, selling pressure will take over. Trading Plan: For those holding, now is the time to take partial profits instead of overly optimistic expectations. For anyone looking to go LONG, be patient and wait for a pullback to around 0.0310$ - 0.0315$ and observe the price reaction. Absolutely do not enter a position in limbo without confirming a successful breakout above 0.0360$. For SHORT positions, the range of 0.0355$ - 0.0360$ is a safe stop point if reversal signals or a fakeout appear. The market is euphoric, but don’t let that excitement overshadow your risk management skills. $PNT #trading #crypto #priceaction #ptkt Note: This is a personal opinion, not investment advice. Please be cautious with your trading (DYOR).
Technical Analysis of $PNT: A Jump That Requires Caution

PNT is currently seeing a growth of 45.228%, an impressive figure but also poses extreme risks for those looking to fomo in at the peak.
Regarding trend structure:
On the 15m chart, the price is above both the MA(20) and EMA(9), indicating that short-term momentum is still leaning towards the bulls. However, looking at the 1H chart, the current price of 0.0350$ is below the MA(20) at 0.0356$ and has just barely crossed above the EMA(9) at 0.0314$. The divergence between time frames warns that the structure may not be sustainable. This could be a pullback to retest the resistance zones above.

Support and Resistance Levels:
The current strong support based on the 1H EMA(9) sits at 0.0314$. If the price loses this level, there's a high likelihood of a drop to the MA(20) level at 0.0276$. On the resistance side, the zone at 0.0356$ is a crucial checkpoint. If we can't close an hourly candle confidently above this level, selling pressure will take over.

Trading Plan:
For those holding, now is the time to take partial profits instead of overly optimistic expectations. For anyone looking to go LONG, be patient and wait for a pullback to around 0.0310$ - 0.0315$ and observe the price reaction. Absolutely do not enter a position in limbo without confirming a successful breakout above 0.0360$. For SHORT positions, the range of 0.0355$ - 0.0360$ is a safe stop point if reversal signals or a fakeout appear.

The market is euphoric, but don’t let that excitement overshadow your risk management skills.

$PNT #trading #crypto #priceaction #ptkt

Note: This is a personal opinion, not investment advice. Please be cautious with your trading (DYOR).
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