$PNUT
Based on the chart and current data:
Technical analysis:
1. Current price: 1.4556, down 21.67% on the day.
2. Mobile media:
• MA(7): 1.4625 – Price is below this value, indicating short-term downward pressure.
• MA(25): 1.4632 – It is also close to the current price, showing further resistance around this level.
• MA(99): 1.5425 – To reach 1.6, the price would need to break above the MA(99), which will require significant volume and momentum.
3. Volume: Volume traded is moderate to low, suggesting little interest from buyers.
Factors required for a rollback to 1.6:
• Significant volume increase: To break the resistances at MA(99) and 1.6, a major increase in buyers would be needed.
• Market Sentiment: If there is positive news or major changes in the context of the currency, it could encourage a rally.
• Breaking resistances: 1.4632 and 1.5425 are critical resistances that need to be broken to reach 1.6.
Probability:
• Short term (1-2 days): Low probability given the downward pressure and lack of volume.
• Medium term (week): Moderate probability, if volume increases or positive external factors occur.
Conclusion:
Without significant volume or positive news, the chances of a return to 1.6 in the near future are slim. Close monitoring of volume and market sentiment is essential.