$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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