$PNUT/USDT Faces Sharp Decline Amid Volatility
Currently trading at $1.2703 after an 11.91% drop, $PNUT has experienced significant volatility, with a 24-hour high of $1.5399 and a low of $1.2154. The sharp sell-off has caught market attention, yet the token remains above critical support at $1.21, suggesting a potential reversal.
Bulls are eyeing a recovery to $1.31, which serves as the first key resistance level to regain upward momentum. However, failure to hold support could invite further selling pressure. With heightened volatility, traders should exercise caution as this market presents both risks and opportunities for strategic moves.