Technical analysis by Qaisrani-Trades about Symbol PNUT: Buy recommendation (6/10/2025)

PNUT/USDT (4H) – Bull Flag Breakout Setup Pattern: Bull Flag 📉📈Timeframe: 4-Hour ⏱️Pair: PNUT/USDT 💱Published: June 10, 2025 📅Technical Overview:PNUT/USDT is forming a classic bull flag on the 4-hour chart following a strong impulsive rally. The price has been consolidating inside a descending channel — a typical continuation structure in bullish trends. Currently, the price is testing the upper trendline resistance, signaling potential breakout pressure building up 🔥Potential Trade Setup:Bullish Scenario ✅Entry: On a confirmed breakout and close above the flag resistance (\~0.3000)Targets:* First target at 0.4200 🎯* Second target at 0.5000–0.5200 zone 🎯 Stop-loss: Below recent swing low (\~0.2500) 🛑Risk Management ⚠️If PNUT gets rejected at the upper trendline and fails to break out, it could revisit the lower channel support near 0.2300. Look for a volume spike on breakout for added confirmation 📊Conclusion:PNUT is at a key decision point. A clean breakout above the descending channel could unlock a fresh bullish wave. As always, wait for confirmation and manage your risk accordingly 🔍📈