PNUT

$PNUT is dropping like a falling knife!🚨Technically, we have support around $0.22 and $0.20.According to the Fibonacci levels, the 0.786 level may act as strong support near $0.20, making that area a key zone to watch.So unless this support range is reached, the price may continue to drop toward that zone.If you're currently stuck in this coin, you could consider adding funds and setting your liquidation point below $0.18 for safety.If you're looking to enter or accumulate, the range between $0.22 and $0.20 is ideal for accumulation.However, even with these support levels, we still need to wait for clear reversal patterns before expecting a trend reversal in the shorter time frame.Thank you so much for reading, I hope my updates help you in your trading journey.DYOR, NFA

PNUT shows a descending channel pattern, indicating a downtrend. The price recently broke below mid-channel support and is currently trading at $0.2839, down 3.11%. The descending trendlines suggest continued bearish pressure. A long position is marked on the chart, with an entry near the current level, a take-profit target around $0.34 near the upper trendline, and a stop-loss near $0.2090 below the lower channel boundary. This setup implies a bullish counter-trend trade within the channel, anticipating a bounce from the lower support trendline. Volume has recently increased, hinting at stronger market activity as price approaches the lower boundary.

TWO Clear patterns Double bottom and a Bull Flag.Two respective Log Projections for you to consider. This suggest strong Solana performance is incoming and another round of #Memecoin frenzy.

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 formingStrong bounce zone (green box)Potential breakout path marked in projection📌 Trade Idea:Entry: $0.31–$0.28 support zoneTargets: $0.39 / $0.46 / $0.55 / $0.72SL: Below $0.27Leverage: 5x–10x (only for experienced traders)Keep a close eye—once PNUT clears the triangle resistance, things could move fast.What are your thoughts?

PNUT ~ 12H Analysis #PNUT Buy after breaking this resistance line with a short term target of at least 15%+ and a long term target of $1.07++

Description:This trading idea highlights PNUT, the native token of the NutSwap decentralized exchange, operating on the SmartBCH blockchain. PNUT plays a central role in enabling liquidity provision, farming rewards, and governance within the NutSwap ecosystem. With a focus on low fees, scalability, and fast transactions, SmartBCH offers a competitive environment for DeFi applications, and PNUT is strategically positioned to benefit from this infrastructure. As decentralized finance continues to evolve, PNUT may gain traction through its growing community, utility, and potential cross-chain expansion.Despite these promising fundamentals, it’s important to understand that investing in emerging DeFi tokens like PNUT involves significant risks. Market volatility, evolving technology, limited liquidity, and potential regulatory changes can all impact token performance. Caution and due diligence are essential when approaching such assets.Disclaimer:This trading idea is for educational purposes only and should not be taken as financial advice. Investing in cryptocurrencies like PNUT involves high risk, including the potential for total capital loss. Always do your own research, assess your financial situation, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future outcomes.

PNUT (Peanut the Squirrel) is a meme-based ERC-20 token with a total supply of around 1 billion and a circulating market cap of approximately $287 million. Despite lacking any technical utility or innovative features, PNUT has seen massive short-term growth, gaining over 124% in the past 30 days, though it has corrected by over 21% in the last week. It reached an all-time high of $2.44 in November 2024. Technically, it recently broke out of a falling wedge pattern and shows bullish divergence on the RSI, indicating potential for another upward move. PNUT thrives on social media hype and community-driven momentum rather than fundamentals. While its current setup on the chart shows a favorable risk-reward for a spot trade, it remains a highly volatile and speculative asset. Investors should be cautious and fully aware that PNUT’s price is heavily influenced by internet trends and crowd sentiment, not intrinsic value or utility.

$PNUT is far from over. Clean breakout followed by a healthy cooldown—looking like a setup for continuation.Would love to bid below 3c, as it's a pivotal level with strong confluence. If we see a market-wide pullback in the next couple of weeks, there’s a good chance those bids get filled.Targeting the yearly open around 7c for an exit.PNUTUSDT

BUY/LONG PNUTUSDT FOLLOWING D1 PEAKHello,I currently recommend a pair for you to BUY/LONG: PNUTUSDT.Why should you BUY/LONG PNUTUSDT? The D1 peak is still ongoing, with no signs of a confirmed D1 top for PNUT. H4 is currently in a corrective pullback after rallying to form a peak at $0.49. The likelihood of breaking above the recent H4 All-Time High (ATH) is high, making it a good opportunity for a LONG/BUY position.So, what should we do? Trend: BUY Entry: When H4 corrects, the price is expected to return to around $0.3167. At this level, allocate your capital and enter a BUY position. Close Buy: When H4 forms a peak (has a peak on H4).Alternatively, refer to the price levels on the chart.Wishing you success!Stay in entry

Breakout of rising wedge then back down to retest support and then continued to upside.