PNUT Breakout Alert – 200% Potential on the Table
Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
PNUT has officially broken out of a textbook falling channel after a healthy consolidation. This pattern often signals trend reversal and renewed bullish momentum — and PNUT looks ready to move.
🔹 Pattern: Falling Channel
🔹 Breakout Confirmation: Clear candle close above resistance
🔹 Previous Move: +204% before entering the channel
🔹 Current Setup: Long entry with defined risk-to-reward
🔹 Target: ~0.85
🔹 Stop: Just below the breakout zone
🧠 Technical Perspective:
Volume uptick during breakout confirms buyer strength
Strong support retest zone around 0.28–0.29
Holding above this range could fuel a significant leg higher
📌 This setup offers a clean structure with a high R:R potential. PNUT has proven it can move fast — now it’s about following the breakout with tight risk management.
📥 Add to your watchlist and let price action lead the way.
Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
PNUT has officially broken out of a textbook falling channel after a healthy consolidation. This pattern often signals trend reversal and renewed bullish momentum — and PNUT looks ready to move.
🔹 Pattern: Falling Channel
🔹 Breakout Confirmation: Clear candle close above resistance
🔹 Previous Move: +204% before entering the channel
🔹 Current Setup: Long entry with defined risk-to-reward
🔹 Target: ~0.85
🔹 Stop: Just below the breakout zone
🧠 Technical Perspective:
Volume uptick during breakout confirms buyer strength
Strong support retest zone around 0.28–0.29
Holding above this range could fuel a significant leg higher
📌 This setup offers a clean structure with a high R:R potential. PNUT has proven it can move fast — now it’s about following the breakout with tight risk management.
📥 Add to your watchlist and let price action lead the way.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.