🚀 PNUT/USDT: Symmetrical triangle breakout unloading! 🚀 In this chart, we have identified a parallel triangle pattern forming on the PNUT/USDT pair, indicating the possibility of a strong breakout. Symmetrical triangles are classic continuation patterns, and the price action indicates that the PNUT is getting ready for a decisive move. Let's break it down step by step: 🔍 Key Observations: 1️⃣ Pattern Formation: Price is consolidating between changing trend lines, forming a symmetrical triangle. This reflects indecision in the market but also increases momentum for a breakout. 2️⃣ Support and Resistance Levels: Support: The ascending lower trendline has pushed the price persistently higher, creating higher lows. Resistance: The descending upper trendline has limited price movement, making lower highs. 3️⃣ Volume Analysis: As the triangle develops, there is a significant decrease in volume, which is a hallmark of this pattern. A surge in volume during the breakout will confirm the move. --- 🎯 Breakout Targets: Upside Potential: If the PNUT breaks to the upside, the target could reach the $2.50 - $3.00 zone, as it aligns with previous resistance levels. Downside: In the unlikely event of a malfunction, the price is $1.50 #Binance240MUsers #Write2Earn!