$PNUT pnut in a rounded Bottom Pattern ... Bottom out?$pnut PNUT made a 60% retracement from an all time high of about $2.4
Current price: $1.37
#pnut is currently form a rounded bottom, Price action is bottoming out...
But pnut is stuck in the range between 1-1.38
A break above can lead to higher price points up to $2.8
PNUTUSDT
PNUTUSDT → Consolidating for a Potential Explosive RallyBINANCE:PNUTUSDT following a sharp decline, PNUT is showing signs of a powerful comeback. The chart reveals a classic reversal pattern, indicating the potential for a bullish surge.
While Bitcoin remains flat, PNUT is taking center stage with a double bottom formation, signaling strength and an entry into the rally phase. The next big challenge? The resistance zone at 0.75. Breaking above this level and solidifying support could be the launchpad for an impressive ascent. Primary target is 1.0, next targets are 1.15, 1.35.
PNUT ANALYSIS (4H)It seems that the correction for PNUT has started from the point where we placed the red arrow on the chart.
This correction appears to be a complex pattern, such as a diametric or symmetrical formation.
Wave C is expected to complete within the green zone, after which the price will likely enter Wave D.
We are looking for buy/long positions within the green zone.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PNUT Double Bottom Signal
The $PNUT Peanut the Squirrel token did a whooping 70% correction
It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61 .
A clear and obvious Double Bottom has appeared in the chart . This is a bullish signal , which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken.
See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue .
Correct me if i'm wrong. Like if you disagree. Comment if you agree 👍
PNUT COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES!!$PNUT Coin Updates & Possible Moves!!
• Right Now $PNUT Coin Holding its 4h Local Support and technically its look in over sold zone... That's mean Quick Bounce Back Expected✅
• if its failed to Hold current Support Then Next Strong support will be 0.50$ Area🫠
PNUT - LONG - Re-entry*This is a re-entry of my other idea. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
Until it breaks 1.18 or 1.20, it could remain bearish down to 1.0. So, it’s just speculation right now, but my target is 1.38, where I would take a partial profit of 50% or 75%, or close the position if there is a lot of rejection. But I plan to protect it soon, if it breaks 1.14. Still, nothing is certain yet, it remains bearish. So we have to be very careful.
Targets:
T1: 1.38
T2: 1.55
Stops:
0.98 (4 hours)
0.95 (swing/days)
PNUT - Re-entry - LONG*This is a re-entry of my other idea. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
T1: 1.38
T2: 1.55
Pnut/UsdtBINANCE:PNUTUSDT
🔽 **Support Levels (Fear Zone)**:
- The current price of 1.099 is acting as a **support level**, meaning if the price holds here, it could stabilize or rise.
- **Support levels** are where buyers tend to enter, seeing the price as a good deal.
- But since you're saying the price is in a "fear" zone, it's a bit uncertain right now. If the price **falls below** 1.099, here are the next support levels that could be crucial:
📉 **1.0553**, **0.8000**, **0.7545**, and **0.5000**.
These are the potential prices where the market might find new buying interest. Below these levels, the price could **drop further**, signaling a **bearish** trend. 😨
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🔼 **Resistance Levels**:
- If the price holds at 1.099 and starts rising, the next **resistance levels** are key areas where price might struggle to move higher:
📈 **1.353**, **1.4443**, **1.598**, and **1.888**.
- **Resistance levels** are where sellers often appear, preventing the price from going higher. If the price reaches any of these levels, it could be a point where the price gets "stuck" or even reverses downward. 💪
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**How to Approach This:**
- If you're **bullish** (hoping the price will go up), you'd want the price to hold above the **1.099 support**. If it goes higher, the next resistance levels could provide opportunities to **take profit** if you're in a position.
- If you're **bearish** (hoping the price will go down), then the price **dropping below 1.099** and holding at a lower support level would indicate a continuation of the downward trend.
Remember, this is just a **technical analysis** and **not financial advice**! 📊🔍
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PNUT - Strong Support - LONG - 4 hour*This is a new setup, better confirmed but very risky with a very tight stop. Be careful.
We are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T3: 1.50 (close) - daily
PNUT | I'm Not Convinced That The Decline Is OverConsolidation and upward movement after the decline, nice but very visible.
After this point, I expect another downward movement and come to the blue box below. Of course, I will not take short trades, in fact, I can take trades with 5-minute upward breaks in the first blue box, but my general expectation is a little puncture in the blue box below and then very fast and sudden increases.
My Previous Ideas
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Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
"Peanut The Squirrel" PNUT price analysis🤪 It's too early for $PNUT lovers to relax their “peanuts”)
Until the OKX:PNUTUSDT price is firmly above $1.30, the downward trend will continue.
📉 And the price of #PeanutTheSquirrel can fall in the range of $0.60-0.65, please consider this our assumption in your risk management
_____________________
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PNUT - Strong Support - LONG We are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T2: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
PNUT - Strong Support - LONGWe are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T3: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
PNUT - Strong Support - LONGWe are at a strong support level. Get ready for a significant move. If BTC doesn't have an impact, we could reach a favorable price level.
T1: 1.18 - 1.20 (protect trade) - 4 hour
T2: 1.35 (partial or close) - 4 hour
T3: 1.50 (close) - daily
Stoploss: 0.85 (4 hour) or 0.75 (daily)
Peanut the Squirrel | Forget Dogs, It's Squirrel Season!Wen Squirrels Take Over Binance: The Rise of 'Peanut' in the Crypto Jungle
Binance’s listing approach continues to surprise, recently bypassing several billion dollar meme coins in favor of two niche, lowcap tokens.the latest additions, “Peanut the Squirrel” and “Act I: The AI Prophecy”, have seen substantial growth post listing.
Could this indicate that Binance plans to list more meme coins as the current bull market continues?
Binance Listing Fees Drama
Listing on Binance is typically costly, yet the major crypto exchange has waived fees for PNUT and ACT, simplifying the process for new projects. Co founder Yi He disclosed on X that the listings were free for both tokens, shortly after a debate on the platform where he was accused of charging excessively for listings. The free listings came as a surprise to the market!
Before their listings, PNUT’s market cap was $123 million, while ACT’s was only $20 million. In choosing these tokens, Binance passed over larger-cap alternatives. In September, it similarly opted for the lower-cap "First Neiro On Ethereum" over the more established "Neiro Ethereum," citing a preference for community-driven, organic projects.
Since their listings, both PNUT and ACT have experienced rapid price increases. Peanut the Squirrel’s price is currently $0.83, an 90% gain over the past 24 hours. Its all time high of $0.90 was reached on November 13, 2024, putting it just 5% below that peak. With a circulating and max supply of 999.86 million tokens, PNUT’s trading volume over the past 24 hours is $1.27 billion, making Binance its most active exchange. It holds 0.03% of the total crypto market, with a market cap of $804.81 million.
Long trade idea for PNUTUSDT Long trade idea for PNUTUSDT
Falling Wedge measured from end Nov
Entry after pullback to Bullish Order Block around 1.125.
Potentially 122% profit - TP at $2.51
Note that there are Bearish Order Blocks as shown.
Do exercise due diligence and that all trades comes with risks
#PNUT/USDT Ready to go up#PNUT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.126
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.17
First target 1.21
Second target 1.26
Third target 1.31
Is #PNUT About to Skyrocket or Fall? Massive Bullish MomentumYello, Paradisers! Has #PNUTUSDT truly broken free or is this just another fakeout? Let's see the latest analysis of #PeanuttheSquirrel:
💎#PNUT has managed to break out of its falling wedge pattern—a promising bullish signal—fueled by a strong bounce off the critical demand zone at $1.06. However, caution is still warranted as there’s a significant possibility of a retest of this key support zone before the next move unfolds.
💎The immediate focus now shifts to the minor resistance level at $1.41, a crucial barrier that the bulls must overcome. If the price manages to push through this level with rising volume and support from the 50EMA, it could confirm that bullish momentum is taking over. This would set the stage for a potential rally, but the breakout must be decisive to sustain the momentum.
💎On the flip side, if buyers lose steam, a pullback could bring the price back to the breakout zone or even revisit the demand area at $1.06. If this support fails to hold, the next major level to watch is $0.995. A break below $0.995 could hand control back to the bears, leading to a deeper correction and dampening any immediate bullish outlook.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
PNUT / USDT : Gearing up for breakout PNUT/USDT: Gearing Up for a Breakout Above Trendline Resistance
PNUT/USDT is shaping up for an exciting move 📈 as it approaches a critical trendline resistance zone 📊. The price has been consolidating tightly, creating the perfect setup for a potential breakout 💥. If the breakout happens, we could see a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before acting.
Key insights:
1. Trendline resistance: PNUT/USDT is approaching a long-standing trendline that has previously acted as a barrier. A break above this could mark the start of a strong upward move.
2. Volume surge: Watch for a significant increase in trading volume during the breakout to confirm buyer strength 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are trending positively ⚡, supporting the case for a bullish breakout.
Steps to confirm the breakout:
- Look for a clear 4H or daily candle closing above the trendline 📍.
- A noticeable spike in volume during the breakout can signal strong buying activity 📊.
- A retest of the broken resistance as a new support zone adds credibility to the move ✅.
- Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline ⚠️.
Potential targets (post-breakout):
- Initial resistance:
- Next target:
Risk management strategies:
- Use stop-loss orders to manage your risk effectively 🔒.
- Ensure position sizing aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions. "
Make me this type of detailed version without bolding words that Bitcoin dumps and now holding support and we are expecting bounce backkk from this support .."