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Pnutbtc

PNUT | I'm Not Convinced That The Decline Is OverConsolidation and upward movement after the decline, nice but very visible. After this point, I expect another downward movement and come to the blue box below. Of course, I will not take short trades, in fact, I can take trades with 5-minute upward breaks in the first blue box, but my general expectation is a little puncture in the blue box below and then very fast and sudden increases. My Previous Ideas DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it. RENDERUSDT.P | HTF Accuracy ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Long
by XU99
Peanut the Squirrel | Forget Dogs, It's Squirrel Season!Wen Squirrels Take Over Binance: The Rise of 'Peanut' in the Crypto Jungle Binance’s listing approach continues to surprise, recently bypassing several billion dollar meme coins in favor of two niche, lowcap tokens.the latest additions, “Peanut the Squirrel” and “Act I: The AI Prophecy”, have seen substantial growth post listing. Could this indicate that Binance plans to list more meme coins as the current bull market continues? Binance Listing Fees Drama Listing on Binance is typically costly, yet the major crypto exchange has waived fees for PNUT and ACT, simplifying the process for new projects. Co founder Yi He disclosed on X that the listings were free for both tokens, shortly after a debate on the platform where he was accused of charging excessively for listings. The free listings came as a surprise to the market! Before their listings, PNUT’s market cap was $123 million, while ACT’s was only $20 million. In choosing these tokens, Binance passed over larger-cap alternatives. In September, it similarly opted for the lower-cap "First Neiro On Ethereum" over the more established "Neiro Ethereum," citing a preference for community-driven, organic projects. Since their listings, both PNUT and ACT have experienced rapid price increases. Peanut the Squirrel’s price is currently $0.83, an 90% gain over the past 24 hours. Its all time high of $0.90 was reached on November 13, 2024, putting it just 5% below that peak. With a circulating and max supply of 999.86 million tokens, PNUT’s trading volume over the past 24 hours is $1.27 billion, making Binance its most active exchange. It holds 0.03% of the total crypto market, with a market cap of $804.81 million.
Long
by moonypto
PNUT/USDT New Ath Expected PNUT/USDT: Gearing Up for a Breakout Above Trendline Resistance PNUT/USDT is shaping up for an exciting move 📈 as it approaches a critical trendline resistance zone 📊. The price has been consolidating tightly, creating the perfect setup for a potential breakout 💥. If the breakout happens, we could see a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before acting. Key insights: 1. Trendline resistance: PNUT/USDT is approaching a long-standing trendline that has previously acted as a barrier. A break above this could mark the start of a strong upward move. 2. Volume surge: Watch for a significant increase in trading volume during the breakout to confirm buyer strength 🔥. 3. Bullish signals: Momentum indicators like RSI and MACD are trending positively ⚡, supporting the case for a bullish breakout. Steps to confirm the breakout: - Look for a clear 4H or daily candle closing above the trendline 📍. - A noticeable spike in volume during the breakout can signal strong buying activity 📊. - A retest of the broken resistance as a new support zone adds credibility to the move ✅. - Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline ⚠️. Potential targets (post-breakout): - Initial resistance: - Next target: Risk management strategies: - Use stop-loss orders to manage your risk effectively 🔒. - Ensure position sizing aligns with your overall trading strategy 🎯. This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Long
by Crypto-By-Ghazi