$PNUT – Bullish Wave C Reversal in Play! 🌊📈
Elliott Wave structure (A-B-C) signals the end of the corrective phase as $PNUT bounces back from the C-leg low. Buyers are stepping in at 0.1296, with momentum building for a potential breakout!
Chart Insight: Clear ABC correction complete — now forming higher lows with bullish engulfing hints. If volume supports this move, we may see a clean push toward resistance!
Risk Tip ⚠️: Place a trailing stop once 0.1310 is crossed to lock in gains!