Dear fans, if it breaks 1.15, you can go long in the short term to 1.37

About #PNUT走高 here are useful data and indicators for you to analyze future development trends!

Recently, some fans asked me to discuss the trend of this cryptocurrency. To be honest, I have always considered this cryptocurrency to be a scam coin, and I personally do not have high hopes for it! Since fans made the request, I will share my personal opinion.
Punt is a virtual currency based on the Nutbox platform, associated with the Steem blockchain ecosystem. A review of the data clearly shows that Punt mainly relies on the community to realize its value, and in terms of investors and staking, Punt's performance is not impressive. This is also one of the important reasons why I am not optimistic! So let's take a simple look at the indicators and analyze the trend of this cryptocurrency using indicators.
In the past 30 days, the volatility reached 83%, and the current price around 1.1 is also below the 200-day moving average, indicating that it is under pressure to decline.
The current RSI is around 70.8, showing that it is in an overbought state, which also indicates a risk of correction. If market sentiment remains stable and the enthusiasm does not diminish, Punt may hold above the 1.1 price level. If market sentiment cools down, the price may test the support level of 1 dollar, with a lower support level at 0.75 dollars.
In summary, if market sentiment remains stable and high, the price of Punt is very likely to stay above 1.1 dollars. If BTC and ETH experience a significant correction, Punt may test the 1 dollar support level, with the strongest correction testing the 0.75 dollar support level.
If you find my brief message helpful, click follow to receive my information in a timely manner.
PS: In the future, pay close attention to ETH, with a favorable price around 4062 dollars, and BTC may correct to around 89000 dollars.
$BTC


$ETH


$SOL