PNT/USDT (Bullish Bias Invalid?)
PNT/USDT
-My previous Bullish bias for PNT has been invalidated
-This coin is likely to play longer consolidation
-To approach this type of market situation
-Looking for a bounce play scenario is the best option to enter
-The area needs to be watching is around 86-84 range
-Because it has been a previous resistance turned support
-The chances of a strong bounce reaction in here are high
-But I still recommend only to enter when there is Bullish reaction
-To reduce the risk level involve especially trying to catch a knife
-My previous Bullish bias for PNT has been invalidated
-This coin is likely to play longer consolidation
-To approach this type of market situation
-Looking for a bounce play scenario is the best option to enter
-The area needs to be watching is around 86-84 range
-Because it has been a previous resistance turned support
-The chances of a strong bounce reaction in here are high
-But I still recommend only to enter when there is Bullish reaction
-To reduce the risk level involve especially trying to catch a knife
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