$PNUT Signal】1H timeframe shows high-level consolidation, waiting for a pullback to go long


$PNUT The 4H MACD histogram is still expanding, but the 1H histogram has started to contract, indicating a divergence in momentum.
Price surged higher and then pulled back to around 0.072, with buy volume 30% higher than sell volume, showing clear buying interest below.

Currently, the price is at a daily high, and chasing the move directly offers a poor risk-reward ratio.
A better strategy is to wait for the price to retest the key support zone.

⚡Entry/Order: Place a long order near the lower boundary of the 0.05291 - 0.07160 range, for example around 0.0535.

🛑Stop loss: 0.04677

🚀Target 1: 0.06519

🚀Target 2: 0.07133

🛡️Trade management: - Execute the strategy: After the price reaches 0.06519, reduce half of the position, and move the remaining stop loss up to the entry price.
If the price cannot hold above 0.07160, consider exiting all at Target 2.

The 1-hour RSI has fallen from overbought to 67.8, providing room for a pullback.
The 4-hour Bollinger upper band was pierced, but the price has returned within the channel, indicating a healthy technical pullback.
Funding rate at 0.0023% remains mildly positive, with no signs of extreme euphoria, supporting trend continuation.
Order book data shows thinner sell orders in the 0.071-0.073 zone, making a breakout easier.

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