#Pnut Callback Target Level Analysis

Since November 14, $PNUT has been oscillating downwards along the indicated channel. Considering that market liquidity remains weak and Bitcoin has not yet completed a full correction, the decline of $PNUT may still be incomplete.

It is expected that $$PNUT will rebound to the middle line of the channel and may then fall back to the lower edge of the channel.

From the overall trend, this correction is expected to consume the gains made since the announcement of the coin listing on Binance on November 13.

The target correction range is roughly between 0.4-0.5.