$PNUT
PNUT/USDT Daily Price Analysis and Bull-Bear Direction Prediction
Market Analysis
Current price is $0.7008, with an intraday decline of 6.60%. PNUT price continues to be in a downtrend, and no obvious signs of stabilization have been observed in the short term. The MA7 moving average ($0.7890) and MA25 moving average ($1.1275) are in a bearish arrangement, indicating weak market sentiment. The MACD indicator shows increasing downward momentum, with both DIF and DEA below the zero axis, indicating bearish dominance.
Key Levels
• Support Levels: $0.6010, $0.5000
• Resistance Levels: $0.7890, $0.8632
Bull-Bear Direction Prediction
In the short term, if the price breaks below the support at $0.6010, it may further test the $0.5000 area. If the price can hold above $0.6010 and rebound, it may attempt to break through the resistance at $0.7890, but overall, the upside potential is limited.
Trading Suggestions
1. Long Position Strategy:
• Entry: Enter after the $0.6010 support is confirmed
• Take Profit: $0.7890, $0.8632
• Stop Loss: $0.5900
2. Short Position Strategy:
• Entry: Place short positions after the $0.7890 resistance area is under pressure
• Take Profit: $0.6010, $0.5000
• Stop Loss: $0.8000
Summary
Currently, the PNUT/USDT trend is bearish, and short-term operations need to closely monitor the performance of the $0.6010 support, cautiously chase highs, and pay attention to changes in trading volume and moving average suppression to determine the next operational strategy.