At 0.04896 USDT, PNUT is trading right near its lower multi-month support base (with historic lows down near 0.034 USDT). For a quick short-term setup from this zone:
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Entry Strategy: Look for a sustained 15-minute or 1-hour candle close above 0.04950 USDT to confirm a bounce rather than trying to catch a falling knife.
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Stop-Loss: Set a tight stop just below support at $0.04500 to protect against a breakdown.
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Take-Profit: 1.Target initial resistance levels at $0.05350
Take profit 2. $0.05800.
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$PNUT
#BinanceLaunchesBinanceIntelligence
🎁🎁🎁🎁
Entry Strategy: Look for a sustained 15-minute or 1-hour candle close above 0.04950 USDT to confirm a bounce rather than trying to catch a falling knife.
🎁🎁🎁🎁
Stop-Loss: Set a tight stop just below support at $0.04500 to protect against a breakdown.
🎁🎁🎁🎁🎁🎁
Take-Profit: 1.Target initial resistance levels at $0.05350
Take profit 2. $0.05800.
🎁🎁🎁🎁
$PNUT
#BinanceLaunchesBinanceIntelligence