$PNUT LONG TRADE SIGNAL – BULLISH STRUCTURE REBUILDING -- Targeting $0.8+
✅Entry Price: Around $0.40 – $0.42
🎯Target 1: $0.50
🎯Target 2: $0.60
🎯Final Target: $0.80+
⛔Stop Loss: Below $0.38
Why Long⁉️
$PNUT has carved out a long base between $0.12–$0.18 and just exploded higher, reclaiming the 50-period EMA at ~$0.435 on strong volume. The massive breakout candle shows buyers stepping in and sets up a classic re-test zone at $0.40–$0.42 for a low-risk entry into the renewed uptrend.
If price holds this zone and flips it into support, look for an initial pop to $0.50, followed by a run toward $0.60. A decisive close above $0.65 would open the door to challenging the prior swing high near $0.80+ for our final target.
Tip: Once TP1 is hit, trail your stop just below the 50 EMA (or breakeven) to lock in gains while letting the trend run.
Buy and Trade here on $PNUT !