PNT has formed a strong support zone at 0.3$, currently PNT is heading to the 0.4$ zone and will try to break out of this zone to trigger an uptrend.
PNT will pump strongly after breaking out of the 0.4$ zone, the targets will be 0.7$, 1$ and finally 1.2$.
But it is very dangerous if the PNT falls out of the 0.3$ zone because it will quickly fall back to the 0.2$ zone
📈BUY- LONG
-Buy half close to 0.275-0.325$, stoploss if B
-Buy half close to 0.4-0.45$ if A
📉SELL-SHORT
-Sell: 0.65-0.7$, stoploss if A
-Sell: 0.95-1$, stoploss if A
-Sell: 1.2-1.25$, stoploss if A
♻️BACK-UP
-Sell close to 0.275-0.325$ if B, stoploss if A
-Buy: 0.175-0.2$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"