🥜 $PNUT / USDT – 4H Chart Breakdown | June 16, 2025

Current Price: $0.2421

4H Change: +2.32%

Trend: Recovery Mode ⚡️ First signs of bullish momentum emerging

🔍 Technical Overview

PNUT may have found its local bottom around $0.21, bouncing back with a clean break above the 7 EMA ($0.2310) and 25 EMA ($0.2321). These short-term moving averages flipping bullish is the first signal of momentum shift.

However, price still sits below the 99 EMA ($0.2568) — a key mid-term resistance zone to watch for any sustained breakout.

🎯 Bullish Price Targets

• Target 1: $0.2580 — Near-term resistance (99 EMA + structural ceiling)

• Target 2: $0.2820 — Previous consolidation zone from May

• Target 3: $0.3180 — Prior rejection level + golden pocket (Fibonacci confluence)

🛡️ Support Levels to Watch

• $0.2320 — 25 EMA now acting as flipped support

• $0.2180 — Recent swing low; break below invalidates current bullish structure

• $0.2050 — Macro-level support; last line of defense if trend weakens

📈 Momentum Insights

• Volume is picking up modestly, with a healthy series of green candles

• MA ribbon is beginning to curl upward — early confirmation of bullish bias

• A clean break and hold above $0.26 would signal breakout territory and likely attract momentum buyers

🧠 Quick Take

PNUT could be gearing up for a low-key rally. While we’re not in full breakout mode yet, the bounce off the lows and early EMA flips suggest a short-term reversal is in play. Keep your eyes on that $0.26 breakout line — above it, the game changes.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Trade with a plan, not just hype.