$PNUT Buy or Sell Decision Based on the Chart:

1.If you are already holding this asset (in a buy position):

•Sell for the short term:

If the price breaks below the 1.6600 support level (MA25) and continues to fall, it is better to sell to avoid further losses. In this case, the price may drop further toward 1.5000.

•Hold (HODL):

If the price stays above 1.6600 and you observe a strong bullish candle indicating a rebound, you can hold the asset. The price may recover to test the resistance at 1.7773 or even 2.0000.

2.If you are not holding and want to enter the market:

Buy:

Enter near the 1.6600 support level if you see signs of a price reversal (e.g., a strong green candle closing above this level or the price breaking above MA7). Set your stop loss slightly below 1.6500.

Sell (Short):

If the price fails to break above the 1.7773 resistance and begins to decline again, you can consider a short position with a target of 1.5000.

Summary Recommendation:

Buy if the price holds above 1.6600 and shows signs of a bullish reversal.

Sell if the price drops below 1.6600 and continues its downward trend.