PNUTUSD
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.
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PNUT - Strong Support - LONG We are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T2: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
$PNUT pnut in a rounded Bottom Pattern ... Bottom out?$pnut PNUT made a 60% retracement from an all time high of about $2.4
Current price: $1.37
#pnut is currently form a rounded bottom, Price action is bottoming out...
But pnut is stuck in the range between 1-1.38
A break above can lead to higher price points up to $2.8
#PNUT/USDT Ready to go up#PNUT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.126
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.17
First target 1.21
Second target 1.26
Third target 1.31
Is #PNUT About to Skyrocket or Fall? Massive Bullish MomentumYello, Paradisers! Has #PNUTUSDT truly broken free or is this just another fakeout? Let's see the latest analysis of #PeanuttheSquirrel:
💎#PNUT has managed to break out of its falling wedge pattern—a promising bullish signal—fueled by a strong bounce off the critical demand zone at $1.06. However, caution is still warranted as there’s a significant possibility of a retest of this key support zone before the next move unfolds.
💎The immediate focus now shifts to the minor resistance level at $1.41, a crucial barrier that the bulls must overcome. If the price manages to push through this level with rising volume and support from the 50EMA, it could confirm that bullish momentum is taking over. This would set the stage for a potential rally, but the breakout must be decisive to sustain the momentum.
💎On the flip side, if buyers lose steam, a pullback could bring the price back to the breakout zone or even revisit the demand area at $1.06. If this support fails to hold, the next major level to watch is $0.995. A break below $0.995 could hand control back to the bears, leading to a deeper correction and dampening any immediate bullish outlook.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴