$PNUT H4 Bullish Idea.

Took a -37.42% correction already since yesterday's peak towards a new ATH.

Left side Fib measurement of the overall uptrend is currently showing market is touching its 38% level, wherein if a bounce from this point happens means correction is done and it is ready to continue its bullish momentum.

If a reversal is imminent, I look towards the current downtrend's right side Fib measurement and consider the 162% extended level as a probable target for market to finally record a new ATH above $3 zone.

VAH also playing as support right now, but a breakdown could lead towards the lower FVG filling, which in turn could highly invalidate my sentiment.