$PNUT is showing a momentum shift after reclaiming key support, followed by a strong impulsive move upward.

$PNUT – LONG

Entry: 0.0440 – 0.0455

Stop Loss: 0.0418

Take Profit 1: 0.0480

Take Profit 2: 0.0520

Take Profit 3: 0.0570

Why this setup?

Price has delivered a strong bullish impulse from the lower range and successfully reclaimed a key support zone. Higher lows are forming, indicating a shift in structure and improving buyer control.

A continuation pattern is developing after the recent pullback, with liquidity positioned above recent highs, which may attract further upward movement if momentum sustains.