$PNUT encounters resistance on the trend line like $ACT with the same trading strategy of a main player
After a violent surge, it’s a downward wash for retail investors who bought at high positions; just when everyone can’t stand it and gives up, a sudden surge gives you hope again, prompting you to chase after it. $PNUT's wash is more violent than $ACT's
In the short term, it needs to stabilize at the price of 1.35 to continue its upward potential, currently hovering under pressure, let's observe if it can stabilize.