$PNUT T.USDT: Descending Triangle Breakout Signals Bull Run!

$PNUT T/USDT has confirmed a breakout from a descending triangle on the 2-hour chart,

a classic bullish reversal signal. The breakout suggests strong upward momentum, with buyers firmly in control.

Key Levels to Target:

$0.78 – First target,

short-term gain.

$0.95 – Mid-level resistance.

$1.05 – Strong psychological level.

$1.17 – High-probability long-term target.

Why It’s Important:

1. Descending Triangle Breakout: This pattern often marks the start of a bullish trend.

2. Momentum Rising: Increasing volume confirms the breakout’s strength.

3. Altcoin Rally: Broader market sentiment could further boost PNT’s momentum.

Next Moves:

For Bulls: Look to enter positions on pullbacks near $0.70-$0.72.

Use tight stop-losses below $0.68 for risk management while aiming for higher targets.

For Bears: Avoid shorts during strong breakouts unless a clear rejection at resistance levels occurs.

Pro Tip:

Watch for consolidation near $0.78 or $0.95—these could be opportunities for additional entries before the next leg up.

PNT is primed for a strong rally,

with upside potential toward $1.17! Don’t miss this breakout opportunity!

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