🥜$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.

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