Based on the chart for PNUT/USDT:
🚨$PNUT PNUT/USDT ALERT: Massive Surge with High Volatility! 🚨
PNUT has experienced a tremendous rally, reaching $1.5243, marking a +244.94% increase within 24 hours. With the 24-hour high at $1.8598 and the low at $0.4144, the market is displaying substantial volatility. The volume is also significant, with over 2.13 billion PNUT traded.
Key Levels to Monitor:
Resistance: $1.8598 – This is the recent high; a breakout above this could lead to further upside potential if buying pressure continues.
Support: $0.4144 – A crucial level to hold if PNUT faces a pullback. Breaking below this support could signal a cooling off of the rally.
Stay alert for volatility as PNUT tests these critical levels. If momentum continues, we may see additional spikes in price. Conversely, a loss in buying strength might lead to consolidation.