PNT/USDT Break Descending Channel. Bullish Momentum to up move ?
đź’Ž PNT has undeniably grabbed our attention. It has successfully broken out of the descending channel pattern, showcasing a notable upward trajectory. The breakout was marked by a robust green candle, indicating a bullish phase for PNT. Currently, for a confirmed breakout, PNT needs to surpass and maintain above the nearby supply level at $0.1370.
đź’Ž However, if PNT struggles to breach this supply or faces rejection, it might retrace to the demand zone ranging between $0.121 and $0.119 for a retesting phase. A successful retest could propel PNT back towards the supply level and breaking it would pave the way for achieving its target.
đź’ŽOn the flip side, if PNT fails to hold the demand zone, it might descend to the subsequent demand at $0.109. This zone is pivotal for PNT. A failure to stabilize here could see PNT continuing its descent towards a more robust support region.
đź’Ž However, if PNT struggles to breach this supply or faces rejection, it might retrace to the demand zone ranging between $0.121 and $0.119 for a retesting phase. A successful retest could propel PNT back towards the supply level and breaking it would pave the way for achieving its target.
đź’ŽOn the flip side, if PNT fails to hold the demand zone, it might descend to the subsequent demand at $0.109. This zone is pivotal for PNT. A failure to stabilize here could see PNT continuing its descent towards a more robust support region.
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Want to trade like a PRO without the 15+ year learning curve?
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.