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CryptoSat

💵 $PNUT – Double Breakout Setup Loading 🚀


🔼 LONG
✳️ ENTRY : 0.0545 - 0.0525 - 0.0500
🎯 TARGETS: 0.0560, 0.057320, 0.05860, 0.06070, 0.065750, 0.0700, 0.075
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 0.0480
Price has already tested the 0.058 resistance zone and is now showing a healthy pullback — exactly what we want before continuation 👀
This looks like a potential double breakout structure, where first breakout creates momentum and second breakout drives expansion.
MA7 & MA25 are turning bullish, and MACD shows increasing momentum, supporting upside continuation.
If price holds above the 0.050–0.052 demand zone, strong probability of breakout towards 0.07–0.075 liquidity pocket 👑
Avoid chasing the top — best entries come from controlled pullbacks with DCA positioning.
PNUT22.94%
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WhirlpoolInATeacup
· 1h ago
20x is a bit aggressive, don't hesitate to set a stop loss at 0.048, or you'll lose it all with just one needle.
View OriginalReply0
ViewingNarrativesFromAHotAir
· 3h ago
Targeting 0.075 is quite aggressive; it is recommended to take profits in stages and not wait until the last level of retracement to realize gains.
View OriginalReply0
PanicSellPaul
· 3h ago
This structure is like breaking through 0.058 to attract buyers to chase higher, then pulling back to the demand zone for a second volume increase. The idea is good; wait for confirmation before following.
View OriginalReply0
GateUser-470bc925
· 3h ago
If it drops below 0.05 and just hovers sideways, don't be stubborn anymore; the pattern might no longer be called a double breakout.
View OriginalReply0
GateUser-9ccf7051
· 3h ago
If I can hit higher and lower points between 0.050-0.052, and then break through 0.058 with increased volume, I would be more willing to add to my position; otherwise, I will start with a small position to test the waters.
View OriginalReply0
TheMoonReflectsOnTheTranquil
· 3h ago
Don't chase after the top; this saying is true. Many people, once they break through impulsively, end up gambling everything, and as a result, they hit a setback that destroys their confidence.
View OriginalReply0
TheProphetOfToast
· 3h ago
It seems like the expected liquidity pocket is around 0.07-0.075, but each level above is a zone of trapped/pressured selling, so the pace needs to be quick.
View OriginalReply0
FeeswitchWhisperer
· 3h ago
It was smashed around 0.058 before; this time, whether it can stabilize and retest without breaking is the key to a true breakout.
View OriginalReply0

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