PNUT is sitting near its recent swing high, eyeing a breakout that could push it back into bullish territory. Volume is ticking up as buyers test the last resistance.
đą $PNUT LONG đ
Entry $0.056294-$0.056406 | SL $0.054659 (-3.0%) | TP1 $0.057195 (+1.5%) | TP2 $0.059167 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character on the 1âhour chart snapped the downtrend, with the order block and fair value gap overlapping as a point of interest, while the cumulative volume delta turned bullish, confirming the move. The market structure now shows higher lows, and the confluence gives the long a solid entry around the break.
A 3.0âŻ% stop is relatively tight on this swing, so keep leverage at or below 3x to protect equity.
Take partial profit around the first target as price approaches the next resistance level.
Not financial advice â trade only what you can afford to lose đ
$PNUT #PNUTUSDT #SMC #TradingSignals #Write2Earn
đą $PNUT LONG đ
Entry $0.056294-$0.056406 | SL $0.054659 (-3.0%) | TP1 $0.057195 (+1.5%) | TP2 $0.059167 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character on the 1âhour chart snapped the downtrend, with the order block and fair value gap overlapping as a point of interest, while the cumulative volume delta turned bullish, confirming the move. The market structure now shows higher lows, and the confluence gives the long a solid entry around the break.
A 3.0âŻ% stop is relatively tight on this swing, so keep leverage at or below 3x to protect equity.
Take partial profit around the first target as price approaches the next resistance level.
Not financial advice â trade only what you can afford to lose đ
$PNUT #PNUTUSDT #SMC #TradingSignals #Write2Earn