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PNUTUSDT trade ideas

PNUT buy/long setup (4H)Given the clearance of the resistance order block, a bullish iCH, the formation of a support zone, and the preservation of the low, we can look for buy/long positions on PNUT with a setup that offers a favorable risk-to-reward ratio. The green zone marks the entry area for the position, while the targets are indicated on the chart. If the invalidation level is touched, this setup will be stopped. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
PNUT - bullish divergence🚀 The bullish divergence in RSI and stabilizing price suggest a potential reversal or consolidation phase. If the price breaks above $0.20-$0.22 resistance, it could signal the start of a bullish reversal. 🚀 Support and resistance levels provide additional context for the current price action. Immediate support lies in the $0.15-$0.16 range, with stronger support expected around $0.10-$0.12. On the upside, resistance is found at $0.20-$0.22, followed by stronger resistance at $0.30-$0.40. A breakout above $0.20-$0.22 could signal the start of a bullish reversal, while a breakdown below $0.15 would likely lead to further declines. Stop-Loss- Place a stop-loss below $0.15 to manage risk.
Long
by sentello88
Peanut the squirrel - let's try againMy apologies on getting ahead of myself on the first post for PNUT. The 51 cent S/R flipped as resistance, and now we are very close to another area of interest. We are getting close to the bottom of the big channel again, and also the .618 pocket for PNUT. This ranges from about 31 cents to 35 cents. Even right now at .37-.38 cents may be a good buy. This price area is where it appears that it was when it dropped on Binance. So, this could be a nice "bottom picking" opportunity for Peanut the Squirrel. It's hard for me to tell how good Pnut will do - but first we would need to take out the downtrend, and then establish .51 cents as support again. Also the $1.00 area would be a critical level to regain as support. Targets could be: 1.58, 1.92, 2.45, 2.92, 7.14 There are higher targets, but I am not listing those now because that would be insane. Totally possible, but I am keeping it to this for now. Thanks for looking!
Long
by LoneWolf1425
PNUTUSDT: Near Its Critical Pivot – Will the Market Make Its MovPNUTUSDT is sitting on the edge of a key threshold at $0.3188, just a breath away from its absolute low of $0.3044, set today. With an 87% plunge from its all-time high of $2.5084, the asset is signaling a potential turning point. RSI at 41.17 indicates a mildly oversold condition, setting the stage for either a rebound or a deeper dive. Recent patterns, including VSA Buy signals and volume surges, suggest that bullish energy might be brewing just under the surface. Yet, the heavy resistance levels above at $0.3668 and $0.4176 could act as significant tests for any upward momentum. With macroeconomic factors steady but market sentiment edgy, PNUTUSDT traders face the pressing question: is this the bottom, or could another leg down be imminent? This is a critical moment for both short-term traders eyeing quick reversals and long-term investors evaluating the larger picture. Will you seize the potential rebound or wait for clearer confirmation? Stay tuned – the next move could define the trend for weeks to come! PNUTUSDT Roadmap: Patterns That Defined the Price Action PNUTUSDT has been a rollercoaster for traders recently, with distinct patterns revealing the market’s intentions. Let’s dive into the key candle patterns and how they played out, separating the noise from actionable moves. 1. The "Increased Sell Volumes" Pattern (January 25, 2025) Direction: Sell Price opened at $0.3182 and closed at $0.3051. This bearish setup pushed the price near the asset's absolute low of $0.3044. The sell-off was decisive, as subsequent price action confirmed the direction with a continuation towards the $0.3044 low, validating the main direction of the pattern. 2. "VSA Buy Pattern Extra 1st" (January 24, 2025) Direction: Buy Opening at $0.3239, the price moved higher briefly but closed at $0.3182. While the main direction indicated a buy opportunity, the following sell-off undermined its potential, indicating this pattern failed to confirm its trigger. 3. "Increased Sell Volumes" (January 23, 2025) Direction: Sell Opening at $0.3561 and closing at $0.3527, the pattern confirmed its sell bias as the price dipped further in subsequent candles, aligning with the bearish sentiment. This gave traders an ideal short entry opportunity. 4. "Buy Volumes Takeover" (January 23, 2025) Direction: Buy Despite the bullish direction, this pattern struggled for validation as sell-side pressure dominated immediately afterward. This pattern underperformed, marking a skip in actionable moves. 5. "VSA Manipulation Buy Pattern 4th" (January 22, 2025) Direction: Buy This was the turning point. The price moved higher, confirming its trigger by closing above the previous resistance level and aligning with the predicted bullish move. Traders who caught this shift enjoyed a strong recovery rally. Key Takeaways from the Roadmap: "Increased Sell Volumes" patterns have consistently delivered, highlighting a reliable bearish trigger. "Buy Volumes Takeover" patterns often need clearer confirmation to provide actionable trades. "VSA Manipulation Buy Patterns" showed strength in directional accuracy, offering robust opportunities when validated. This roadmap emphasizes how selective trading, focused on validated patterns, helps cut through the market's noise and capture meaningful moves. For traders, knowing when to act—and when to stay out—is the game changer. Technical & Price Action Analysis: Key Levels to Watch The PNUTUSDT market is heating up, and every trader knows that nailing the key levels can make or break your strategy. Here’s a breakdown of the most critical support and resistance zones on the radar right now. If these levels don’t hold, expect them to flip and act as barriers for price action—classic support-turns-resistance and vice versa. Support Levels First Support: $0.3044 — The absolute low and a key battleground. If buyers fail to defend this level, the bears might take full control. Second Support: $0.3668 — A short-term cushion for buyers to regroup. Losing this zone signals trouble for the bulls. Resistance Levels First Resistance: $0.3668 — If price fails to reclaim this level, it’ll act as a headwind for bullish momentum. Second Resistance: $0.4176 — A crucial ceiling for bulls. Breakout above could open doors to new highs. Third Resistance: $0.4513 — A make-or-break zone for major trend shifts. Fourth Resistance: $0.5165 — Only serious bullish strength can push past this level. Fifth Resistance: $0.6692 — The long-term target for any meaningful upside. Powerful Support Levels Critical Zone: $0.6521 — This level must hold if the bulls want to regain control of the narrative. If breached, expect a deeper pullback. Powerful Resistance Levels Currently Undefined — Keep an eye on momentum and price reaction at the aforementioned resistance zones. As always, respect these levels and watch for confirmations—breakouts need follow-through, and false moves can wreck your game. Trade smart, manage risk, and don’t chase—let the market come to you! Trading Strategies Using Fibonacci Rays Understanding the "Rays from the Beginning of Movement" concept allows traders to harness the natural dynamics of Fibonacci proportions and geometric levels. These rays provide a dynamic framework to identify key zones for price interactions, predicting possible reversals or continuations with precision. Let’s explore how to use these rays for your trading strategy. Concept of Rays Rays are constructed from the beginning of a movement pattern, providing dynamic levels that adapt as the market evolves. They rely on Fibonacci angles to establish critical zones where price interaction is likely to occur. Key insights include: Price Interaction: Signals either reversal or continuation but requires confirmation from dynamic factors, such as patterns or volume shifts. Adaptability: Rays adjust as new patterns emerge, creating a flexible approach to identifying key movement boundaries. Complementary Analysis: Crossing points with moving averages (MA50, MA100, MA200, etc.) strengthen the significance of ray zones. Two Scenarios: Optimistic and Pessimistic Optimistic Scenario Interaction with $0.3668 (Resistance Level): If price breaks this ray and confirms with volume and pattern, we could see a continuation to $0.4176 (next ray). Interaction with MA100 at $0.3557: A confirmed close above this moving average signals a bullish trend with the potential to aim for $0.4513. Final Target: $0.5165 as a long-term ray and Fibonacci convergence zone. Pessimistic Scenario Failure at $0.3668 Resistance: Price interaction signals rejection and a probable pullback to $0.3044 (Support Level). Interaction with MA200 at $0.4328: A failure to break above could lead to a deeper sell-off to retest $0.3044. Break Below $0.3044: A move below this level indicates strong bearish momentum, with $0.6521 becoming the next significant resistance as the price reverses. Suggested Trades Trade 1: Buy Breakout at $0.3668 Target 1: $0.4176 Target 2: $0.4513 Comment: Wait for a confirmed breakout with volume above the ray. Trade 2: Short at Rejection Near $0.4176 Target 1: $0.3668 Target 2: $0.3044 Comment: Watch for bearish patterns or volume declines to confirm entry. Trade 3: Buy Near $0.3044 Support Zone Target 1: $0.3668 Target 2: $0.4176 Comment: Confirm with interaction at the ray and a bullish reversal pattern. Trade 4: Short After MA200 Failure at $0.4328 Target 1: $0.3668 Target 2: $0.3044 Comment: Momentum loss and price rejection confirm bearish continuation. Key Takeaway: Trade between rays like stepping stones, moving from one target to the next. Confirm entries after interaction with rays and dynamic factors like volume or MA crossings. Each ray represents not just a technical level but a gateway to the next movement zone. Use this framework to navigate the market with confidence and precision! Let’s Stay Connected and Trade Smarter Together! Got questions or thoughts about the analysis? Drop them in the comments below—I’m always happy to chat and help clarify anything! Your feedback and discussions are what keep this trading journey exciting and collaborative. If you found this idea useful, don’t forget to hit Boost and save it to track how the price moves along these mapped-out levels. Understanding the points where trades make sense is key to growing as a trader, so let’s watch the market evolve together. By the way, the rays and levels in this strategy are drawn automatically using my custom indicator—it’s available privately. If you’re interested in using it, feel free to message me directly for details. I also offer analysis on any asset you’d like, whether it’s a free post here or a personal, private breakdown for your unique ideas. The beauty of this strategy is its versatility—it works across all assets, and price always respects these dynamic rays. If you have a specific asset you’d like analyzed, hit Boost, leave a comment, and I’ll do my best to prioritize it. Make sure to follow me here on TradingView to stay updated with my latest ideas and strategies. This is where I post regularly, so don’t miss out on the tools and insights that can give your trading the edge it deserves. Let’s grow and trade together! 🚀
Long
by brandlabelden
3
PNUT/USDT is Dead ? PNUT/USDT is currently trading within a well-defined descending channel. The price action indicates a consistent downtrend with lower highs and lower lows. Fibonacci retracement levels and triangle patterns provide clues to possible price movement in the short to medium term. Key Analysis: Descending Channel: The price is moving inside a downward-sloping channel. The green lines highlight the upper resistance and lower support. This channel has dictated the overall bearish trend so far. Fibonacci Levels: Key Fibonacci levels such as 0.618 ($0.542) and 1.618 ($0.334) are critical areas of support. If the price breaks below $0.334, it may continue toward $0.28 or $0.12 (2.618 Fibonacci). Triangle Pattern: A triangle pattern is forming in the lower range, suggesting price consolidation. A breakout above the triangle could lead to a reversal toward $0.47 (Channel Resistance) or higher. A breakdown below the triangle may trigger further downside, confirming the continuation of the bearish trend. Potential Rebound Areas: Immediate resistance lies at $0.47, aligning with the upper Fibonacci retracement. If momentum builds, further targets could be $0.50 or $0.63 (0.382 Fibonacci). Trading Plan: Bullish Scenario: Look for a breakout above the triangle and channel resistance, targeting $0.47 and higher levels like $0.50. Use $0.334 as a critical support level to manage risk. Bearish Scenario: If the price breaks below $0.334, consider shorting with targets around $0.28 or $0.12. Ensure to set stop-loss above $0.40 to mitigate risks. Conclusion: PNUT/USDT is at a pivotal level. Traders should monitor the triangle breakout closely. Fibonacci levels and descending channel boundaries provide strong guidance for trade entries and exits. What’s your view on PNUT/USDT? Feel free to share your thoughts and feedback below! 🚀📉
Long
by Surrendgods
2
PNUT buy/long setup (12H)We previously identified PNUT's fluctuations effectively. Based on recent data, it’s better to expand the PNUT pattern and classify it under a larger Triangle or Diametric structure. We are again looking for buy/long positions around the green zone. This is a strong origin kink. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this view. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
Peanut The Squirrel - probably a good buy right nowPeanut the squirrel got pushed back into its downtrend while trying to break it recently. However, it seems to have found support again at about .51 cents. I think that it is a probably a good time to buy while it sits on this support. Currently we are around .53-.54 cents. Our first obstacle is re-taking .74 cents. I personally think that Peanut can hit $7-$8 this cycle. Maybe more if things get super crazy. Thanks for looking!
Long
by LoneWolf1425
4
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.
Long
by DEXWireNews
PnutBINANCE:PNUTUSDT 📊 **Pnut Current Price: 0.6058** - We're currently facing a **resistance** level at this price 🔴. 💥 If we break this resistance, the next levels to watch are: - **0.6534** 🚀 (First target) - **0.7433** 📈 (Next level) - **0.8000** 🌕 (Major resistance) 🔻 **If the price doesn't hold above 0.6058**, we might see a dip to **support levels**: - **0.5500** ⚖️ (First support level) - **0.4500** ⬇️ (Stronger support) --- So, if the price breaks through resistance, we could see a bullish move. But if it falls below 0.6058, keep an eye on those support levels for possible rebounds! 💡 **Note:** This is not financial advice! Always do your own research. 📉📈
Long
by Wolftrader1337