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PNUT just wrapped up a textbook move on the 4-hour chart. The descending wedge pattern broke upward, price pulled back to retest that breakout zone, and held beautifully. That's the kind of setup traders wait weeks for.
What's next? If this structure plays out like it should, we're looking at serious upside potential. The measured move suggests around 70% from current levels, maybe more if momentum really kicks in. Timeframe? Could unfold over the next few trading sessions.
Of course, nothing's guaranteed in crypto. But when technical setups align this cleanly, they're worth watching closely. PNUT holders might want to keep their alerts on.