🤖 AI Insight

Based on the 1h chart of PNUTUSDT, here's my analysis:

* The price is below the EMA7 and EMA25, indicating a downtrend.
* The RSI14 is at 38, indicating oversold territory, which can be a bullish sign.
* The MACD is bearish, but its signal line is approaching the zero line, which could be a sign of a potential reversal.
* The resistance and support levels are 0.2237 and 0.2016, respectively.

My advice would be:

* For a Long/Short entry, consider going Long around 0.2040-0.2055, as this is a neckline that was previously broken. For a Short entry, consider going Short around 0.2160-0.2175, as this is where the price is currently interacting with the EMA25.
* For a spot buy, I would recommend waiting for the price to break above the EMA25 and retest the neckline around 0.2110-0.2125 before entering a long position. This would provide a more solid confirmation of a potential reversal.