#PNUT is currently facing some resistance as it approaches the trend line, and its operation method is very similar to that of the operator of #ACT . Generally, there is a quick surge followed by a pullback, using the decline to wash out retail investors who entered at high positions. When market sentiment is close to collapse and investors are ready to give up, a sudden surge occurs, triggering a chasing-up sentiment among everyone. Compared to #ACT , #PNUT's washout tactics are more intense.
In the short term, #PNUT needs to stabilize above the key price level of $1.35 to open up further upward potential. Currently, the price is still fluctuating below the pressure zone, and it is essential to closely monitor whether it can effectively break through this position.