$PNUT seems to have bounced from the OTE region in the correction of the big rise. It seems to have made a CHoCH in 4H and turned its direction upwards and if the double bottom formation works, the target is 0.98 but there is the 4H Supply Zone (the bottom red box) that it must overcome first.
However, the old high in the Daily is very high (red line - 1.4037) and the start of the daily uptrend is not confirmed until the candle body closes above here.
Again, there is another important region (the top red box) when it comes to this level. This region is the exact midpoint of the big rise and has worked as support many times before and had a bigger decline in its last break. Therefore, this region should be won with voluminous candles. Otherwise, it is expected to work as an important resistance before the new daily high.