PNUT Night market fluctuations continue, short-term trading strategies seize opportunities!

The current real-time price of PNUT is $1.5891, with an intraday high of $1.6200 and a low of $1.5700. The overall trend remains volatile, and the price may face directional choices in the short term. Increased volatility in night trading provides excellent entry opportunities for short-term investors.

Technical analysis and key levels

PNUT is currently consolidating in the range of $1.5700 to $1.6200, and a breakout may occur in the short term. The key resistance level above is $1.6200; if it can effectively break through, the target price will look towards $1.6500 and $1.6800.

The support level below is at $1.5700; if it is lost, the price may further retrace to $1.5500 and $1.5200. The RSI indicator is at 52, indicating neutral market sentiment. The MACD shows slight rebound momentum in the short term, but it needs to be observed whether it can break through the resistance level.

Short-term contract strategies

Aggressive long strategy:

Entry point: If it breaks through $1.6200, you can enter long near $1.6250. Stop loss: Set below $1.6000 to avoid the risk of false breakouts. Target: First target $1.6500, second target $1.6800, and aggressive traders can look towards $1.7000. Recommended leverage: 8-12 times, quickly amplifying profits by taking advantage of the upward trend after the breakout.

Aggressive short strategy:

Entry point: If it falls below $1.5700, you can enter short near $1.5650. Stop loss: Set above $1.5900 to avoid losses from rebounds. Target: First target $1.5500, second target $1.5200, and aggressive traders can look towards $1.5000. Recommended leverage: 8-12 times, capturing short-term profit opportunities during retracements.

Risk warning

Night fluctuations of PNUT may intensify, traders need to closely monitor breakthrough situations at key points. The risks associated with short-term high-leverage operations are high; it is imperative to strictly set stop losses and take profits to avoid unnecessary losses caused by market fluctuations. At the same time, it is recommended to allocate positions reasonably to avoid affecting overall capital safety due to sudden market fluctuations. Stay calm during operations and adjust strategies in a timely manner according to market conditions to ensure maximization of profits while avoiding risks. $PNUT