🚀 $PNUT /USDT Breakout Trade – Secure the Upside! 🚀
Market Analysis: $PNUT /USDT has shown significant upward momentum with an 11.50% gain in the past 24 hours. Consolidation around $0.7454 indicates a potential breakout to higher levels.
Trade Setup:
Entry: $0.7550 (Confirmation of breakout above resistance)
Take Profit (TP):
TP1: $0.7700 (Immediate resistance target)
TP2: $0.8000 (Psychological level and momentum extension)
Stop Loss (SL): $0.7350 (Below consolidation support for controlled risk)
Risk/Reward Ratio: 1:3+ (High potential for profit)
Pro Strategy:
📈 Monitor for volume confirmation and sustained price action above $0.7550.
📉 Adjust SL to lock in profits as price approaches TP targets.
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