đĄ $PNUT - 50-Day Falling Wedge Breakout⊠and Retest? đ
On the daily, price still looks bearishâneeds to reclaim the $0.2440 resistance to flip the script!
Key support:
$0.2150 | $0.1960 | $0.1800
đ§šH4 chart: Ascending channel or just a bear flag? [Chart 2]
Still uncertain if bulls can push through, buying under these key levels = high risk! â ïž
đ„If we close daily under $0.2100, Iâm watching for a possible dip toward $0.1850 support.
On the flip side, as long as we consolidate above $0.2050, bulls have hope! đ
đ„My take:
After a 50-day falling wedge breakout, Iâd expect a stronger bull reaction. Seeing weakness here makes me lean towards another dump before any real breakout!
Are you buying the dip or waiting for confirmation? Drop your PNUT play below!đ
