$PNUT on the Rebound Ready to Crack Resistance?
$PNUT is showing a strong recovery after bottoming near $0.2630. The price is forming higher lows on the 1H chart and eyeing a move above $0.2850. If bullish momentum holds, a breakout toward $0.30+ could follow soon.
Trade Setup:
Entry Zone: $0.2800 – $0.2830
Stop Loss: Below $0.2680
Target 1: $0.2900 (minor resistance)
Target 2: $0.3020 (trend continuation)
Target 3: $0.3150 (key breakout level)
Trend shift underway early entries could pay off if volume confirms.