🚀 PNUT Breakout Alert – 100%+ Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
PNUT has officially broken out of a falling wedge structure — a bullish reversal pattern we've been eyeing for weeks! After weeks of consolidation and pressure along the wedge resistance, the price has now made a clean breakout with increasing volume.
🔹 Last time it broke out from this zone, we witnessed a massive 109% move.
🔹 Currently, it’s showing a similar breakout structure with room for a big upside move.
🔵 Entry Zone: $0.158–$0.162
🎯 Targets:
• Target 1: $0.21
• Target 2: $0.27
• Target 3: $0.31+
🛑 Stop-loss: $0.142
📊 Leverage: 3x–5x (low to moderate risk)
⚠️ As always, manage your risk and don’t chase pumps. Setup looks strong as long as the breakout holds and we don’t see a fakeout candle back inside the wedge.
📍Let me know what you think — will PNUT fly again?
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
PNUT has officially broken out of a falling wedge structure — a bullish reversal pattern we've been eyeing for weeks! After weeks of consolidation and pressure along the wedge resistance, the price has now made a clean breakout with increasing volume.
🔹 Last time it broke out from this zone, we witnessed a massive 109% move.
🔹 Currently, it’s showing a similar breakout structure with room for a big upside move.
🔵 Entry Zone: $0.158–$0.162
🎯 Targets:
• Target 1: $0.21
• Target 2: $0.27
• Target 3: $0.31+
🛑 Stop-loss: $0.142
📊 Leverage: 3x–5x (low to moderate risk)
⚠️ As always, manage your risk and don’t chase pumps. Setup looks strong as long as the breakout holds and we don’t see a fakeout candle back inside the wedge.
📍Let me know what you think — will PNUT fly again?
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.
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.