$PNUT PNUT/USDC Analysis - Current Situation
🔍 General Trend:
The price is in a corrective phase after a peak at 1.4333 and is currently moving around 1.13. The momentum remains bearish, but signs of oversold appear.
📊 Key Indicators:
• RSI: In the oversold zone (15 min: 15.12; 1h: 27.50). A technical rebound is possible.
• MACD: Histogram still negative, but a bullish crossover could occur if a strong support forms.
• Moving Averages: Prices are below the MA(25) and MA(99), confirming the short-term bearish pressure.
📈 Important Zones:
• Key Support: 1.10-1.12. If this level holds, a rebound is possible.
• Resistance: 1.25-1.30. Any bullish recovery will have to break through these levels to confirm a new trend.
⚡ Summary:
The trend is bearish, but the market is showing signs of oversold. Stay alert for the support at 1.12 to hold. If it gives way, a further decline is likely. Conversely, a technical rebound could offer an opportunity in the short term.
👉 Strategy:
• Buyers: Wait for a confirmation of a rebound on the support and increasing volumes.
• Sellers: Watch for a break below 1.12 to accompany the bearish trend.
Stay cautious and base your decisions on indicator confirmations.
