$PNUT Signal】Pullback to go long, 1H level funds support


$PNUT After a surge and pullback at the 1H level, the price consolidates around 0.0773. After piercing the upper band of the 4H Bollinger Bands, the price seeks support near the middle band at 0.0638. The 1H MACD histogram contracts, but the fast and slow lines remain above the zero line, indicating bullish momentum is temporarily paused rather than exhausted. Market depth shows buy and sell orders are nearly balanced, with the funding rate at 0.0039%, indicating a moderate level without extreme short squeeze risk.

The current price is in the upper part of the suggested entry zone; chasing higher directly carries higher risk. A better strategy is to wait for the price to pull back to the 0.05511-0.0638 range, which is the resonance support zone of the 4H middle Bollinger band and the 1H EMA50, also the starting point of previous volume-driven rally, where funding willingness is stronger.

⚡Entry: Place a buy order near 0.0630.

🛑Stop loss: 0.04796.

🚀Target 1: 0.06941.

🚀Target 2: 0.07656.

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0630 and quickly breaks below, cancel the order and do not force entry.

The 4H MACD has formed a golden cross and continues to expand, indicating the trend remains intact. The 1H RSI has fallen from overbought territory to 72, which is a healthy correction. Volume has contracted after the rally, indicating profit-taking. Open interest remains stable, with no signs of large-scale capital exit. The depth of the pullback at this level will determine the strength of the next wave; below 0.0630 is a dense trading zone, and support will emerge. The risk-reward ratio at the current order level is favorable.

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