PNUT / TetherUSLong
PNUT - bullish divergence
🚀 The bullish divergence in RSI and stabilizing price suggest a potential reversal or consolidation phase. If the price breaks above $0.20-$0.22 resistance, it could signal the start of a bullish reversal. 🚀
Support and resistance levels provide additional context for the current price action. Immediate support lies in the $0.15-$0.16 range, with stronger support expected around $0.10-$0.12. On the upside, resistance is found at $0.20-$0.22, followed by stronger resistance at $0.30-$0.40. A breakout above $0.20-$0.22 could signal the start of a bullish reversal, while a breakdown below $0.15 would likely lead to further declines.
Stop-Loss- Place a stop-loss below $0.15 to manage risk.
Support and resistance levels provide additional context for the current price action. Immediate support lies in the $0.15-$0.16 range, with stronger support expected around $0.10-$0.12. On the upside, resistance is found at $0.20-$0.22, followed by stronger resistance at $0.30-$0.40. A breakout above $0.20-$0.22 could signal the start of a bullish reversal, while a breakdown below $0.15 would likely lead to further declines.
Stop-Loss- Place a stop-loss below $0.15 to manage risk.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.