$PNUT Most people still uses chart to analyze this coin. Give it up. It is useless. Like his brother ACT, PNUT is controlled by Wintermute, a market maker from Shenzen, China. Their pattern is like this to wash small fries and newbies thoroughly.

No need for technical analysis. They own the chart. Rather use money inflow and outflow data to see how this coin is controlled.

As always, my advice is to hold the coin until the maker is exhausted. Only if retailers swarm them that they cannot control the market anymore. But the hope is thin at best as the maker has almost unlimited funds.

Still, as my profile name suggests, I have faith on the potential of this coin, as explained in my previous posts.