【2024-12-19 PUNT Analysis】

This variety has recently attracted a lot of attention. From its recent trend, we can see that this variety initially surged after Musk made a comment, but then it fluctuated in the range of 1.57822-0.95172. Today’s drop was caused by Powell's speech, leading to a 5% crash in the market, and some weaker altcoins even dropped around 10%.

Currently, if everyone wants to position in this variety, they can wait until it rebounds to the position of 1.06751 before entering the market. Once it rebounds to the fluctuation area, one can short at 1.57822 and long at 0.95172. The only way to enter the market is through this fluctuation area. Although there is Musk's endorsement, it seems that most people are not buying into it and are not optimistic about this variety. We will continue to monitor suitable positions for entry. #PNUT🔥🔥🔥 $PNUT