$PNUT is teetering on the edge of a crucial support level, trading at $1.1891, marking a 7.33% decline over the last 24 hours. With a 24-hour high of $1.3679 and a low of $1.1762, the token is hovering dangerously close to breaking its bottom support, which could trigger significant downward momentum into untested lower price zones.
Key Levels to Watch:
Support Break: A drop below $1.1762 could lead to a sharp decline.
Bullish Reversal: Recovery targets include $1.2233, $1.2777, and potentially $1.3248 if positive momentum builds.
This is a decisive moment for $PNUT, with volatility expected to spike. Traders should remain alert for potential breakout or breakdown scenarios, as the next move could shape the token's short-term trajectory. Stay tuned for updates on this critical setup!
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