🔥 $PTB UPDATE 🔥
📈 Trend check: $PTB is still in a strong bullish trend, but after pushing into overbought territory ⚠️, it’s now pulling back — a classic correction phase 🌀. I’m staying cautiously bullish, but patience is key ⏳. Waiting for a cleaner pullback is the smarter move here.
📊 Volume insight: Recent 1H candles are showing declining volume 📉 as price cools off from the 24H high at 0.003517. That suggests buyers are taking a breather 😮💨. Still, overall 24H volume remains healthy 💪, which keeps the broader uptrend intact.
💸 Capital flow: We’re seeing steady net contract outflows across multiple timeframes — about -4,041,351 USDT in the last 24H. Looks like leveraged traders are locking in profits 💼, which fits perfectly with this short-term dip.
🎯 Long entry zones for $PTB:
• 🟢 Around 0.0030637 (Key Support)
• 🟢 Near the Bollinger mid-band at 0.0030758
🚀 Bullish trigger: If price breaks and holds above 0.0034435 (Bollinger upper band) with strong volume 🔊, that could ignite the next leg up.
🛑 Risk management:
• Set a stop-loss ~3% below entry
• Example: 0.0029800 SL if entering near 0.0030700
🎯 Upside target:
• 0.0036107 (Resistance)
• Potential +5% to +10% gains 📈
📌 Market snapshot:
PTBUSDT Perp
💲 0.003288
📈 +23.28%
⚠️ Final note: Short-term conditions are still overheated 🔥, so don’t FOMO into strength. If price breaks below 0.0030637, it may be better to wait for the next support at 0.0027433 or reassess the setup entirely 🤔.
#PTB #PTBUSDT #PortaltoBitcoin 🚀
