The 45% 24‑hour surge left $PNT perched just under the 4‑hour pivot around 0.035 — a single candle could push it past the 0.0369 ceiling. 👀
Price still respects a downtrend: EMA7 trails EMA25, 4‑hour RSI sits near 40, and the burst to 0.061 was quickly erased, leaving buying pressure thin. The volume‑profile point of control sits at 0.0502, far above today’s market, hinting that sellers may be regaining control.
On the 4‑hour chart the key zones are: the current pivot near 0.035, an invalidation line around 0.0369 (a close above this would question the bearish bias), and a downside target around 0.032. If $PNT can’t hold the 0.035 area and drifts toward the 0.032 zone, the bearish case solidifies.
My read: the chart is waiting for a decisive close—either a break above 0.0369 to flip sentiment or a slip below 0.032 to confirm the downtrend.
Follow me for the next update when $PNT either breaches the 0.0369 barrier or slides toward the 0.032 zone.
What level do you think will hold the most pressure on PNT today? 👇
⚠️ Not financial advice. DYOR.
#PNT #Crypto #BinanceSquare #TopGainer
Price still respects a downtrend: EMA7 trails EMA25, 4‑hour RSI sits near 40, and the burst to 0.061 was quickly erased, leaving buying pressure thin. The volume‑profile point of control sits at 0.0502, far above today’s market, hinting that sellers may be regaining control.
On the 4‑hour chart the key zones are: the current pivot near 0.035, an invalidation line around 0.0369 (a close above this would question the bearish bias), and a downside target around 0.032. If $PNT can’t hold the 0.035 area and drifts toward the 0.032 zone, the bearish case solidifies.
My read: the chart is waiting for a decisive close—either a break above 0.0369 to flip sentiment or a slip below 0.032 to confirm the downtrend.
Follow me for the next update when $PNT either breaches the 0.0369 barrier or slides toward the 0.032 zone.
What level do you think will hold the most pressure on PNT today? 👇
⚠️ Not financial advice. DYOR.
#PNT #Crypto #BinanceSquare #TopGainer
