๐ Paradisers, it's time to focus on PNTUSDT. Positioned within a demand zone, it appears primed to regain momentum, indicating a possible bullish path ahead.
๐ From our prior analysis, we observed that #PNT encountered resistance at a higher supply zone, which resulted in a significant drop. Currently, as it navigates within the demand zone and adheres to a descending channel pattern, there's a strong likelihood of a bullish movement, especially if the price maintains its momentum at the current demand level of $0.1729.
๐ A note of caution: should #PNT fail to sustain its current momentum and fall below the demand zone, we might see a shift towards a lower demand level at $0.1425.
๐ As always, we advise employing cautious trading strategies and implementing proper stop-loss measures. Stay vigilant to market changes and look out for more insights from us.