$PNUT/USDT – Meme Coin Breakout in Progress
Peanut ($PNUT) is gaining momentum on the 15-minute chart, forming higher lows and pushing toward resistance at $0.1966 with rising volume.
Trade Setup
Entry Zones:
Aggressive: $0.1940–$0.1960
Safer Retest: $0.1920–$0.1930
Targets:
TP1: $0.1985
TP2: $0.2020
TP3: $0.2075
Stop Loss: $0.1890
Key Considerations
A break and hold above $0.1966 with strong volume could trigger a push toward the targets.
Monitor BTC/ETH trends, as meme coins often react to broader market movements.
Watch for fakeouts—a weak breakout without volume may lead to a pullback.
Would you enter now or wait for a retest?$PNUT