🚨$PNUT / USDT Pulls Back After Recent Rally🚀

After a strong upward trend, PNUT/USDT appears to be taking a breather. The price has dipped by -2.76% to $1.0894.

Key Points:

* Strong Recent Performance: The price has been on a consistent uptrend, with a 24-hour high of $1.1321 and a 24-hour low of $0.9533.

* High Volume: The 24-hour trading volume is 255.92M PNUT and 267.05M USDT, indicating significant trading activity.

* Moving Averages: The price is currently below the 7-day and 25-day moving averages (MA(7): 1.0704, MA(25): 1.0626), suggesting a potential downward trend.

What's Next?

The current price action suggests a potential short-term pullback. However, the long-term trend for PNUT/USDT remains bullish. Traders should monitor the key support levels of $1.0618 and $0.9970. If the price can hold above these levels, we could see a continuation of the uptrend.

Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.

What are your thoughts on PNUT/USDT? Share your analysis and predictions in the comments below! 👇

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