How I Made 1000% in $PNUT in Just 12 Minutes Using a Simple Secret Strategy!
Another educational piece for you today! As you all know, my goal is to provide useful insights so you can grow in this crypto world. Today, I’m breaking down a strategy that’s not common but can be a game-changer if done right.
I want to remind you that every post I write is packed with knowledge and insights from my +5 years of experience in crypto trading.
Before we jump in, I’ve spent years in the market understanding strategies that actually work, and I’m here to share those gems with you. If you learn something new or find value in this post, do me a small favor like, repost, or drop a comment! Your support keeps me going, helping me share these tips! 🙌 So, Why Was $PNUT Pumping? 🥜🚀
Now, let’s talk about what happened with $PNUT. You might have noticed it’s been on a rocket, and there are a few reasons why: Listed on Binance just 2 days ago.Binance owns 30% of $PNUT.Elon Musk tweeted about it, making it only the 2nd memecoin he’s mentioned.In just one week, it’s already at a $1 billion market cap! Why Most Traders Got Wrecked 📉 With so much hype, a lot of people jumped into futures trades on $PNUT ith high leverage, hoping to profit. But, unfortunately, many got liquidated in the process. They were caught in a classic trap of trying to short (bet against) a coin that was going parabolic.. without a proper stratgy.
While others were getting wrecked, I made a smooth +1000% profit. My Secret? The Reversion Strategy! 💡 Alright, let’s get to the strategy part. You may have heard about the Reversion Strategy in my previous posts, but let’s recap. This strategy is all about catching the pullback after a coin pumps like crazy. Markets can’t just keep going up forever, right? Eventually, they need a breather, and that’s where I step in. You can Check some of my previous post: How I Made 2300% in ALPHA in Just 20 Minutes Using a Simple Yet Unpopular Strategy How I Made 550% in REEF in Just 10 Minutes While Others Were Panicking & Selling But We Went Long! When a coin is overbought (meaning it's getting too expensive too quickly), there’s often a pullback. And that’s my signal.
Here’s how I do it: Step 1: Setting Up the Bollinger Bands (BB) 📊 Bollinger Bands are like a price “cushion” that moves with the coin’s value. When the price goes outside the bands, it often signals that it’s stretched and needs to pull back in. I set up BB on my chart to check if $PNUT’s price is moving outside these bands signaling it’s overbought.
Timeframe we can use for scalp trade,
1min, 3min, 15m Step 2: Spotting Strong Resistance 🛑 Next, I look for resistance levels on the chart. Resistance is like a “ceiling” where the price struggles to go higher. If $PNUT’s price is pumping towards a resistance level, it’s another hint that a pullback might happen soon.
Step 3: Checking StochRSI & RSI Indicators 💪 I use two indicators here: RSI (Relative Strength Index) shows if a coin is overbought or oversold. When RSI hits high levels, it’s a warning sign.StochRSI (Stochastic RSI) gives a finer look at RSI’s overbought stage, especially helpful in fast markets.
Using both indicators on the 1-hour and 2-hour timeframes gives me more clarity. If they’re both signaling “overbought,” I know it’s time to get ready. Trade Setup:
Trade Results:
🔥This is a intresting Part After I Took Profit... PNUT Kept PUMPING! 😜🔥🥵 What an accuracy, man! 😂 Just when I locked in my 1000% gain, bam, skyrocketing! This is why taking profit is a must don’t let greed take over! Remember, profits aren’t profits until they’re booked. Learn to step back and secure your gains because the market can change in a second!
💰 Pro tip: Take profit, smile, and enjoy the ride even if the coin keeps pumping after!
The beauty of this strategy is in its simplicity. Many traders rush in with high leverage during a pump, but by patiently waiting for the right setup, you can often enter with better timing, less risk, and a much higher reward. This method has worked for me because it’s simple but backed by years of understanding the market’s natural movements. I’ve taught my students about this strategy too, and it’s always fun to see their faces light up when they get how effective profit it is! Key Note Bro!!📝 Patience is Key: Waiting for the pullback is crucial. Don’t chase pumps; let the price come to you.Tools Matter: Use indicators like Bollinger Bands, StochRSI, and RSI to avoid jumping in blindly.Think Long-Term: Every trade is a learning experience. If you don’t hit it big every time, that’s fine; each trade helps you understand the market better. That’s it for today! If you learned something new or found this helpful, show some love by liking, reposting, or leaving a comment below. Let’s keep growing together as traders, and I’ll keep sharing more strategies to help you make the most out of your trading journey!
A Vietnamese family received billions of dong worth of assets from the deceased on Binance exchange
At the end of July 2024, young man N.D.D.K, born in 1999, unfortunately passed away due to a stroke. At a very young age, K. did not have time to leave any will related to the multi-billion dollar cryptocurrency assets that he owned and traded on Binance - one of the largest cryptocurrency exchanges in the world. This put K.'s family in a difficult situation, not knowing how to get these assets back.