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Pnutusdtperp

PNUT/USDT: On the verge of breakoutPNUT/USDT: On the verge of breakout 🚀 PNUT/USDT is showing strong signs of a potential breakout as the price builds momentum 📈 near a critical resistance zone. This setup looks promising for a bullish move if the breakout is confirmed. Keep an eye on this pair as the next few candles could bring significant action 👀. Key highlights: - Building momentum: Price is consolidating near the resistance zone, often a sign of an imminent breakout 🔑. - Volume increase: Watch for a spike in trading volume during the breakout, as it confirms strong buyer interest 🔥. - Bullish indicators: RSI and MACD are trending positively, supporting the case for upward movement ⚡. Tips for breakout strategy: - Wait for a clear 4H or daily candle close above the resistance level to confirm the breakout 📍. - Monitor volume carefully. A breakout with low volume may signal a fakeout ⚠️. - Look for a retest of the broken resistance, turning it into support, before entering your position ✅. - Always manage risk with tight stop-loss levels and proper position sizing 🔒. Potential targets after breakout: - First target: - Next target: This is for educational purposes only. Always do your own research (DYOR) 🔍 before making any decisions.
Long
by Crypto-By--Ghazi