Analyzing BAN PNUT SHIB
Ban has been accumulating at the bottom, but the adjustment time has been too short. The longer the adjustment time, the stronger the subsequent breakout.
Pnut has significantly more favorable funding than Ban, so while Ban has broken below important support, Pnut has basically not fallen below, indicating more favorable funding.
Is it safe to buy PNUT now? This major pullback has not broken important levels, so it's relatively safe. If you're asking if it's particularly safe, it's hard to say, mainly because it hasn't experienced a long adjustment period.
In 2021, Shib was like this; it accumulated at the bottom, neither rising nor falling, and consolidated for 6 months, then increased by 20 times. Such a trend is particularly safe.
Currently, both BAN and PNUT can be bought, but don't easily go heavy on positions unless you are really confident. Diversifying your investments is still very necessary.
