$PNUT
Based on the graphs and information displayed, the evolution of the PNUT/USDT currency can be analyzed as follows:
1. Cash flow and transaction volume:
• The 5-day high inflow indicates a significant decline of around -45.79M, reflecting low interest from large investors. This may signal a continuation of the downtrend.
• Over the past 24 hours, negative flows (outflows) predominate, suggesting selling pressure.
2. Trend on the price chart:
• On the 5-minute chart, the coin recently tested a low of 1.3025 USDT, followed by a minor pullback towards 1.3408 USDT. This may indicate a potential period of consolidation.
• The short-term moving average (MA7 and MA25) shows a downtrend. MA99, a longer-term average, remains higher, suggesting resistance in the USDT 1.3882 area.
3. Technical indicators:
• Volume has decreased compared to the high points of the last session. Low volume may limit the potential for significant growth.
• Loss of -7.77% in 24 hours indicates constant selling pressure and negative evolution over the last 7 days (-19.96%) supports this trend.
Prediction:
If selling pressure persists and no significant increase in buying volume occurs:
• The coin could retest the USDT 1.30 support level.
• If the support level breaks, the coin may fall towards 1.25 USDT or below.
Conversely, if there is an increase in inflow or an increase in buying volume, the coin could bounce back towards USD1.38T or even higher, testing the resistance levels at the MA99.