$PNUT
Market Event: A short squeeze forced price through nearby resistance and shifted momentum higher.
Momentum Implication: Buyers retain control unless the breakout level is lost.
Levels:
EP: $0.0439–$0.0443
TG1: $0.0458
TG2: $0.0475
TG3: $0.0495
SL: $0.0425
Trade Decision: Favor long exposure only after confirmation above the breakout zone.
Close: As long as support holds, continuation remains the preferred scenario.
#TeslaFallsNearly20%ThisWeek
Market Event: A short squeeze forced price through nearby resistance and shifted momentum higher.
Momentum Implication: Buyers retain control unless the breakout level is lost.
Levels:
EP: $0.0439–$0.0443
TG1: $0.0458
TG2: $0.0475
TG3: $0.0495
SL: $0.0425
Trade Decision: Favor long exposure only after confirmation above the breakout zone.
Close: As long as support holds, continuation remains the preferred scenario.
#TeslaFallsNearly20%ThisWeek