PNT/USDT (Potential New Leg Up?)PNT/USDT
-since the Cross Ultimate, indicator flashes Buy signal priority
-the price has increased over 70% returns
-the best entry was during the break of trendline resistance at 7800 range
-there is a chance we could see another leg up
-provided the new support area will hold around $1.2 range
-but since there is less resistance at current levels
-I won't be surprised to easily hit the $1.5 target
-I don't recommend buying at current price market
-please wait for the price consolidate a bit
-to confirm acceptance above $1.2 is valid
PNTBTC
PNT/BTC (Breakout Confirmation)PNT/BTC
-broke the resistance zone at 8500 sat range
-this uptrend is followed with strong buying volume
-since this is an ATH, price discovery is hard to predict
-I will use the Fib extension to look for potential upside resistance
-this will also guide us for possible sell area or targets
-you can enter a trade now or wait for a retest
-overall, the market is bullish in the midterm
PNTBTC: Current trading in range ready to move upTrading in range. Price target: 8000 is the next level of Resistance / Support
Please DYOR and share your thoughts and comments.
