PNU/USDT, current price is $1.6325, down 11.13% over the past 24 hours.

The main trend shows a strong uptrend before, with a peak of $2.5000. The price has since undergone a correction phase and is currently looking for support around $1.63.

On the technical indicators, the 20 EMA is at 1.6610, indicating that the current price is below the 20-period average, indicating that selling pressure is dominant. The 50 EMA is at 1.6982, which also shows a downtrend, which needs time to consolidate or form a bottom.

The important support level is $1.63, if the price fails to hold this level, it may fall to the next low around $1.82. Potential resistance is at $1.66, where the 20-EMA is located, if the price breaks above this level, it could facilitate a resumption of the uptrend.

The current situation requires attention, especially if the price fails to hold above the $1.63 support level. Investors should consider carefully before making a trade and closely monitor signals from the market to make a reasonable decision.