#PNT/USDT ANALYSIS

in #btc • last year

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#PNT/USDT ANALYSIS

PNT is currently trading within a long falling wedge pattern. It is currently attempting to break out of this wedge formation, while encountering resistance from the MA 100 and the Ichimoku cloud.

A decisive breakout from the wedge would confirm a bullish trend, while a rejection would indicate the likelihood of continued movement within the wedge pattern.

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