$PNT IS COILED FOR A BREAKOUT
TECHNICAL SCAN
▪️ 4H RSI at 43.24 signals neutral momentum, but price trading below EMA 20 (0.0438) and EMA 50 (0.0555) confirms a strong bearish trend structure.
▪️ Price is testing the 0.035 USD pivot, sitting well above major support at 0.0215 USD, creating a high-probability zone for a potential long if support holds firm.
TRADE SETUP
▪️ Entry Zone: 0.0340 - 0.0355 USD
▪️ Take Profit 1 (TP1): 0.0657 USD (Resistance)
▪️ Take Profit 2 (TP2): 0.0850 USD (Extended Target)
▪️ Stop Loss (SL): 0.0210 USD (Defensive below Support)
▪️ Risk/Reward Ratio: 1:2.4
Are you opening a Long or Short position on $PNT right now?
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News . @MistralAK
#Crypto #Trading #PNT
TECHNICAL SCAN
▪️ 4H RSI at 43.24 signals neutral momentum, but price trading below EMA 20 (0.0438) and EMA 50 (0.0555) confirms a strong bearish trend structure.
▪️ Price is testing the 0.035 USD pivot, sitting well above major support at 0.0215 USD, creating a high-probability zone for a potential long if support holds firm.
TRADE SETUP
▪️ Entry Zone: 0.0340 - 0.0355 USD
▪️ Take Profit 1 (TP1): 0.0657 USD (Resistance)
▪️ Take Profit 2 (TP2): 0.0850 USD (Extended Target)
▪️ Stop Loss (SL): 0.0210 USD (Defensive below Support)
▪️ Risk/Reward Ratio: 1:2.4
Are you opening a Long or Short position on $PNT right now?
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News . @MistralAK
#Crypto #Trading #PNT