🥜$PNUT /USDT Technical Analysis – Bullish Continuation in Motion🤔🔐👇
🔹 Current Price: $0.2417
🔹 Timeframes Analyzed: 1H & 4H
🔍 1H Chart Analysis:📊✊
✅ $PNUT Price is maintaining support above the 20 EMA ($0.2350), confirming bullish microstructure.
✅ All short-term EMAs (20/50/100/200) are aligned in bullish order.
✅ RSI is cooling around 66.37, hovering below overbought – indicating consolidation before next leg up.
⚠️ Minor resistance forming at $0.2420–0.2440 zone. Clean breakout here could fuel upside.
🔍 4H Chart Analysis:📊
🚀 Strong bullish engulfing candles seen post $0.225 reclaim.
✅ Price is holding well above all EMAs:
20 EMA: $0.2284
200 EMA: $0.2325 (flipped as resistance previously, now retest likely)
✅ RSI 61.71 – strength building, not overbought yet.
📌 Higher lows and higher highs structure – indicating momentum continuation.
🔑 Trade Setup Idea (Bullish):🔥
Entry Zone: $0.2400–$0.2410 (on retest)✅
Target 1: $0.2480🎯
Target 2: $0.2545🎯
Stop-Loss: $0.2345 (below 20 EMA & recent swing low)
Trade Duration: 6–18 hours (short-term breakout continuation)
📊 Sentiment Note:
Volume spike and MA alignment favor bulls. If $0.2445 gets cleared on solid volume, expect trend acceleration.
🧠 Don't chase. Let price confirm above $0.244 zone. RSI reset + tight consolidation = recipe for squeeze.
💬 "Patience in entry, discipline in exit — that's how pros stay profitable."
📛 This is not financial advice. Always DYOR and manage risk carefully before entering trades.