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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.