$PNUT Shows Resilience at $1.07 Amid Market Fluctuations

PNUT is trading at $1.0798, marking a 2.86% increase in the last 24 hours. Despite recent volatility, the token remains within a promising range, holding strong against market pressure.

Key technical highlights:

• PNUT reached a high of $1.1860 in the past 24 hours before facing minor corrections.

• The 7-hour moving average (MA) at $1.0816 signals immediate resistance, while the 25-hour MA at $1.1070 hints at potential recovery momentum.

• The 99-hour MA at $1.1248 serves as a longer-term resistance level to watch.

Volume indicates steady interest, with 262.98M PNUT traded in the past day against 294.27M USDT. The bounce from the $1.00 support level showcases strong investor confidence, suggesting potential for further gains. Traders should watch for a breakout above $1.12 for confirmation of an upward trend.

#MarketInTheGreen #EthereumAwakening? #XRPMarketShift #BTCWatchZone