PNUT has completed a breakout and successful retest of its sloping downtrend line from the previous leg, which delivered a +200% move. After a healthy 60% retracement, price action is stabilizing at a key support previous major resistance.
This is a prime opportunity to fill your bags and begin DCA entries from current market price down to $0.18. The first target sits at 0.50 for first buy setup, aligning with previous liquidity zones. If a strong bullish trend continues to develop, we could re-evaluate and extend targets for another potential +200% run.
This is a prime opportunity to fill your bags and begin DCA entries from current market price down to $0.18. The first target sits at 0.50 for first buy setup, aligning with previous liquidity zones. If a strong bullish trend continues to develop, we could re-evaluate and extend targets for another potential +200% run.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.