Double Trading Plan for $PNUT: Is the Explosion Near the Accumulation Zone? 🚀📉
The PNUT coin is currently moving in a narrow sideways range with a clear attempt to break above the moving averages (EMA). The current price of 0.0468 represents a battleground between buyers and sellers, and the RSI indicator at 54 provides good room for movement in both directions.
Here are the expected scenarios to seize the upcoming movement:
🟢 Scenario One: Bullish Breakout (Long)
Entry Point: Break above 0.0478 and hold above it (surpassing the last peak shown in the chart).
Targets:
Target One: 0.0495
Target Two: 0.0520
Target Three: 0.0550
Stop Loss: Break below the level of 0.0460.
🔴 Scenario Two: Breakout Failure and Drop (Short)
Entry Point: Break below the support level of 0.0455.
Targets:
Target One: 0.0440
Target Two: 0.0425
Stop Loss: Return above the level of 0.0470.
💡 Golden Rule:
Watch the liquidity of the coin closely, and once one direction is activated, immediately cancel the pending order for the other direction. Trading smart means protecting your capital first! 🛡️
#PNUT #MemeCoin #TradingPlan #WriteToEarn #العملات_الرقمية