Peanut the Squirrel 1315% Profits Potential · Technical Analysis

I noticed that most of the memecoins have a strong growth potential. Here we have PNUTUSDT and the potential goes easily beyond 1,300%. An easy target is set to 467% so you can imagine. The chart looks strong and you know we focus only on TA.

Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day.

Peanut the Squirrel. Who am I to judge? RWA, Layer 1, POW, Gaming, DeFi, Infrastructure, NFT, AI... The choice is yours.

Here we have the classic and more than classic higher low. The bottom low and the bullish breakout ending its retrace higher is as easy and simple as it goes. The beauty of TA. You can know where the market is headed based on how the candles behave.

And then, we are back to the EMAs. Notice the blue one because it is the main one I'll be using on the daily timeframe. The huge big candle happens to break above this level. Once this level is conquered as resistance we know the bulls are on. Now the market can rest but it can also move ahead. We have a higher low, PNUTUSDT, and the action happening above EMA89, EMA55 and EMA13; in short, the bulls win.

The next higher high and first target is $1.03. This is followed by $1.59, 467% potential for growth and then the market can continue higher, easily, because we are entering the strongest ever Cryptocurrency bull market.

Namaste.