Peanut the Squirrel/Tether
לונג

PNUUSDT — Descending Triangle Accumulation Zone: Major Breakout?

95
🔎 Full Analysis

The PNU/USDT (1D) chart shows a clear Descending Triangle pattern that has been forming since May 2025. Price is currently trading around 0.2216 USDT, moving closer to the apex of the pattern — a sign that a big move is likely approaching.

⚙️ Pattern Details

Strong Support (Accumulation Zone): 0.19 – 0.24
This area has been tested multiple times and continues to attract buyers.

Descending Resistance: A downward sloping trendline from May’s high is pressing price lower, forming consecutive lower highs.

Characteristics: While this pattern is typically seen as a bearish continuation, it can also turn into an accumulation base if buyers step in with strong volume.



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🚀 Bullish Scenario

Confirmation: Daily close above 0.3027 with strong volume.

Step-by-step targets:

First breakout level: 0.3027

Next targets: 0.3774 → 0.415 → 0.4403

Extended target if momentum accelerates: 0.5951


Measured Move Potential: A confirmed breakout projects a move toward 0.415 – 0.44 USDT.


Bullish Narrative: A breakout above the descending trendline could signal the start of a major reversal from long-term accumulation. Buyers regaining control may drive PNU/USDT back toward the 0.40 – 0.60 zone.

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📉 Bearish Scenario

Confirmation: Daily close below 0.19 with high volume.

Step-by-step targets:

Conservative target: 0.10 USDT (chart low label)

Aggressive measured move target: 0.08 USDT



Bearish Narrative: If 0.19 fails as support, the descending triangle would act as a continuation pattern of the previous downtrend, potentially triggering a deeper breakdown toward 0.10 or even lower.

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📌 Conclusion

PNU/USDT is at a critical decision point:

Bullish case: Breakout above the trendline could unlock a reversal and rally toward 0.40+.

Bearish case: Breakdown below 0.19 could extend the downtrend to 0.10 or lower.


With price approaching the apex, volatility is expected soon. Traders should wait for daily close + volume confirmation before committing to a position and apply strict risk management to avoid false breakouts.

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⚡ Key Levels to Watch

Support zone: 0.19 – 0.24

Critical resistance: 0.3027

Breakout targets: 0.3774 → 0.415 → 0.4403 → 0.5951

Breakdown targets: 0.10 – 0.08

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