PNUT Bullish pennant Formation – 200%+ 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 is consolidating inside a bull pennant after a massive 200%+ rally earlier this month. Currently, it's sitting near the lower support zone, forming higher lows—a sign of growing pressure for an upside move.
🔍 Setup Highlights:
Bull Pennant forming
Strong bounce zone (green box)
Potential breakout path marked in projection
📌 Trade Idea:
Entry: $0.31–$0.28 support zone
Targets: $0.39 / $0.46 / $0.55 / $0.72
SL: Below $0.27
Leverage: 5x–10x (only for experienced traders)
Keep a close eye—once PNUT clears the triangle resistance, things could move fast.
What are your thoughts?
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 is consolidating inside a bull pennant after a massive 200%+ rally earlier this month. Currently, it's sitting near the lower support zone, forming higher lows—a sign of growing pressure for an upside move.
🔍 Setup Highlights:
Bull Pennant forming
Strong bounce zone (green box)
Potential breakout path marked in projection
📌 Trade Idea:
Entry: $0.31–$0.28 support zone
Targets: $0.39 / $0.46 / $0.55 / $0.72
SL: Below $0.27
Leverage: 5x–10x (only for experienced traders)
Keep a close eye—once PNUT clears the triangle resistance, things could move fast.
What are your thoughts?
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.