Analysis and forecast of PNUT night market, combined with the current price of $1.5622, recent fluctuations show that the market bulls and bears are playing games in the key range. From the perspective of trading volume, the intraday activity has increased, especially after the price approaches $1.55, the bulls have recovered, and the price has shown upward momentum in the short term.
Trend forecast
From the technical analysis:
1. Upside space: PNUT is currently above the key support of $1.55. If it breaks through $1.58, it may hit the secondary pressure level of $1.65, and there is a possibility of further rise in the short term.
2. Downside risk: If $1.55 is lost, the price may fall back to $1.50, and may even test the support area of $1.45.
Short-term contract T strategy
Long strategy:
• **Entry point: **Enter the market to go long when the price falls back to $1.55 without breaking, and accompanied by a signal of volume amplification.
• **Take profit target: **$1.62 to $1.65, the first target is $1.62, and the position can be adjusted flexibly after breaking through.
• **Stop loss: **$1.53, to avoid losses caused by deep callbacks.
Short selling strategy:
• **Entry point: **The price touches the pressure area of $1.58 to $1.60. If there is a decline in volume, short orders can be arranged.
• **Take profit target: **$1.50 to $1.48, the first target is $1.50.
• **Stop loss: **$1.62, strictly control risks.
In the PNUT market, "opportunities are always reserved for those who dare to act." The current price changes are like the light before dawn, which is both exciting and full of uncertainty. For traders, the core of short-term operations lies in fast, accurate and ruthless: fast entry and exit, accurate stop loss, and decisive stop profit. In the face of volatility, "fear and greed" are the biggest enemies. Only by staying rational can we find the clearest path in this fog.
The market may be volatile for a short time, but the trend is clear. On this challenging road, every attempt is to accumulate strength for the final victory!
**Risk warning: ** Contract trading has high leverage, please control your position reasonably and do not blindly chase the rise and fall! $PNUT