BUY/LONG PNUTUSDT FOLLOWING D1 PEAKBUY/LONG PNUTUSDT FOLLOWING D1 PEAK
Hello,
I currently recommend a pair for you to BUY/LONG: PNUTUSDT.
Why should you BUY/LONG PNUTUSDT?
The D1 peak is still ongoing, with no signs of a confirmed D1 top for PNUT.
H4 is currently in a corrective pullback after rallying to form a peak at $0.49.
The likelihood of breaking above the recent H4 All-Time High (ATH) is high, making it a good opportunity for a LONG/BUY position.
So, what should we do?
Trend: BUY
Entry: When H4 corrects, the price is expected to return to around $0.3167. At this level, allocate your capital and enter a BUY position.
Close Buy: When H4 forms a peak (has a peak on H4).Alternatively, refer to the price levels on the chart.
Wishing you success!
Pnutusdtlong
#PNUT/USDT#PNUT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.1595.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.1633
First target: 0.1700
Second target: 0.1771
Third target: 0.1916
PNUTUSDT Ready to Rally!PNUTUSDT Technical analysis update
PNUTUSDT is breaking out of a wedge pattern on the daily chart after three months of formation. We also observed a bullish RSI divergence in the daily timeframe, along with a MACD bullish crossover a few days ago. A 50–100% move could be seen in the mid-term.
PNUT / USDT – Daily AnalysisBullish divergence spotted!
Price is printing lower lows, but RSI is making higher lows — a classic bullish divergence pattern. This signals potential trend exhaustion on the downside.
#PNUT is holding above a horizontal support level around 0.12–0.13 USDT, aligning with the divergence signal.
Volume is tapering off, indicating decreasing selling pressure.
RSI is currently around 37–38 and showing a higher low structure.
Key levels to watch:
Support: 0.1220–0.1300 USDT (current demand zone).
Resistance: 0.1650 USDT (local high), followed by stronger resistance at 0.2000–0.2200 USDT.
Scenario ideas:
If PNUT can hold above support and RSI continues climbing, we might see a relief rally towards the next resistance zones.
A breakdown below 0.1220 would invalidate this bullish setup and could lead to continuation of the downtrend. Still... bullish divergence then will become even more obvious....
Bias:
bullish short-term, watching for confirmation.
⚠️ Not financial advice. Always manage your risk!
#PNUT #Crypto #Altcoins #BullishDivergence #RSI #TradingView
Just In: Coinbase Adds PNUT Meme Coin on Solana NetworkCoinbase has officially announced the listing of Peanut the Squirrel (PNUT), a Solana-based meme coin, for trading on January 14, 2025. The news has already sparked a 10% price surge for PNUT, though the token still trades below its all-time high. Let’s delve into the technical and fundamental aspects surrounding this development.
Key Highlights
1. Coinbase Listing Details:
- PNUT-USD trading pair launches on January 14, 2025, at 9:00 AM PT.
- Token transfers for PNUT are live on Coinbase and Coinbase Exchange.
- Trading will be rolled out in phases based on liquidity conditions.
2. Immediate Market Reaction:
- PNUT’s price rose from $0.48 to $0.59, a 10% increase.
- Trading volume surged over 107%, reaching $431.71 million.
- Despite the rebound, PNUT remains 79% below its all-time high of $2.47, recorded in November 2024.
3. Historical Context and Legal Challenges:
- PNUT originated in late 2024 following the controversial euthanasia of a pet squirrel named Peanut, which galvanized community support.
- Legal disputes have since arisen, with Mark Longo, Peanut’s owner, suing Binance for alleged unauthorized intellectual property usage to promote the coin.
Technical Analysis
From a technical perspective, PNUT exhibits strong potential for further gains: PNUT’s recent price action forms a bullish engulfing pattern, signalling a potential upward trend. The Relative Strength Index (RSI) indicates that PNUT is not yet overbought, providing room for further price growth.
Immediate support lies at the one-month low axis, providing a safety net in case of a pullback. The next resistance point aligns with the 38.2% Fibonacci retracement level, which traders are eyeing for a potential breakout.
PNUT’s unique narrative and community support position it as a potential standout in the meme coin category. The Coinbase listing, coupled with strong technical indicators, creates a favorable environment for a potential rally toward $1 and beyond.
Conclusion
The listing of PNUT on Coinbase marks a pivotal moment for the Solana-based meme coin. With a bullish technical setup and growing community support, PNUT is well-positioned to capitalize on its newfound exposure. However, investors should remain cautious of potential legal and market risks. As the crypto industry evolves, PNUT’s journey underscores the power of community-driven innovation and the unpredictable nature of meme coins.
Stay tuned for more updates as PNUT’s story unfolds in the coming weeks.
$PNUT pnut in a rounded Bottom Pattern ... Bottom out?$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 Double Bottom Signal
The $PNUT Peanut the Squirrel token did a whooping 70% correction
It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61 .
A clear and obvious Double Bottom has appeared in the chart . This is a bullish signal , which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken.
See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue .
Correct me if i'm wrong. Like if you disagree. Comment if you agree 👍
PNUT COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES!!$PNUT Coin Updates & Possible Moves!!
• Right Now $PNUT Coin Holding its 4h Local Support and technically its look in over sold zone... That's mean Quick Bounce Back Expected✅
• if its failed to Hold current Support Then Next Strong support will be 0.50$ Area🫠
PNUT - LONG - Re-entry*This is a re-entry of my other idea. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
Until it breaks 1.18 or 1.20, it could remain bearish down to 1.0. So, it’s just speculation right now, but my target is 1.38, where I would take a partial profit of 50% or 75%, or close the position if there is a lot of rejection. But I plan to protect it soon, if it breaks 1.14. Still, nothing is certain yet, it remains bearish. So we have to be very careful.
Targets:
T1: 1.38
T2: 1.55
Stops:
0.98 (4 hours)
0.95 (swing/days)
PNUT - Re-entry - LONG*This is a re-entry of my other idea. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
T1: 1.38
T2: 1.55
PNUT - Strong Support - LONG - 4 hour*This is a new setup, better confirmed but very risky with a very tight stop. Be careful.
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
T3: 1.50 (close) - daily
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 - LONGWe 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
T3: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
PNUT - Strong Support - LONGWe 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
T3: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
Long trade idea for PNUTUSDT Long trade idea for PNUTUSDT
Falling Wedge measured from end Nov
Entry after pullback to Bullish Order Block around 1.125.
Potentially 122% profit - TP at $2.51
Note that there are Bearish Order Blocks as shown.
Do exercise due diligence and that all trades comes with risks