$PNUT
#PNUT (6 hours)
Analysis:
The PNUT/USDT pair has broken through a traditional descending channel, indicating a bullish reversal. This pattern appears strong for traders looking for potential gains, as breakouts often signal upward momentum. The current momentum may be part of a larger trend shift.
Price Targets:
The first target is at $0.38, which aligns with the previous resistance level. If the momentum continues, watch for $0.57 as an extended target. The pattern suggests a promising profit potential of up to 200% for those skilled in setting entry and exit strategies.
