PNUTUSDT SPOTLong
PNUT/USDT Analysis
PNUT/USDT Analysis
#PNUT The price is trading within a descending channel and approaching the strong support zone at $0.6169, which aligns with the 0.618 Fibonacci retracement level. The overall trend suggests a potential bullish reversal after breaking out of the descending channel, with targets reaching up to $3.0491 (300% gain).
First Target: $1.6034
Final Target: $3.0491
Stop Loss: Below $0.6225
#PNUT The price is trading within a descending channel and approaching the strong support zone at $0.6169, which aligns with the 0.618 Fibonacci retracement level. The overall trend suggests a potential bullish reversal after breaking out of the descending channel, with targets reaching up to $3.0491 (300% gain).
First Target: $1.6034
Final Target: $3.0491
Stop Loss: Below $0.6225
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Subscribe to my X 👉 : x.com/VIPROSETR
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.