Technical analysis by ULYSSESTRADER about Symbol PNUT: Buy recommendation (8/25/2025)

1. Chart Context Pair: PNUT/USDT Perpetual Swap on OKX Timeframe: 15m (short-term setup) Current Price: ~0.2156 USDT Bias: Long (buy) 2. Trade Setup Entry Zone: Around 0.2150–0.2160 (current level, near recent local support). Stop Loss: At 0.2047 (below prior structure lows; invalidation level). Take Profit: At 0.2329 (upper resistance zone / liquidity pool). Risk/Reward Ratio: Roughly 1:2 (solid R:R for intraday). 3. Rationale Liquidity Sweep: Price dipped into a support area and rejected, signaling possible absorption of sell orders. Trend Reversal Attempt: After a sharp drop, the market is trying to establish a higher low at ~0.2150. Defined Invalidation: Stop loss sits below prior liquidity grab (0.2047), which means the trade is protected if sellers regain control. Upside Target: Take profit aligns with previous supply area (~0.2329), which is a logical liquidity target for longs. 4. Trade Management Partial TP: You could scale out profits at intermediate levels (e.g., 0.2220 and 0.2280) before the final 0.2329 target. Break-even Move: Once price reaches +1R (around 0.2260), consider moving stop loss to entry for a risk-free trade. ✅ In summary: This PNUT/USDT long is a short-term counter-trend play with entry near 0.2150, stop at 0.2047, and target at 0.2329. It offers a clean 1:2 R:R setup, based on structure support and liquidity targeting above. Would you like me to also draw a higher timeframe context (4H/Daily) so you see if this scalp aligns with the bigger trend?