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PNUTUSDT → Consolidating for a Potential Explosive Rally

Oleh Bentradegold
PNUTUSDT following a sharp decline, PNUT is showing signs of a powerful comeback. The chart reveals a classic reversal pattern, indicating the potential for a bullish surge.

While Bitcoin remains flat, PNUT is taking center stage with a double bottom formation, signaling strength and an entry into the rally phase. The next big challenge? The resistance zone at 0.75. Breaking above this level and solidifying support could be the launchpad for an impressive ascent. Primary target is 1.0, next targets are 1.15, 1.35.
Harmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiesPNUTUSDTsignalsTechnical AnalysisTrend Analysis
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