🎯$PNUT /USDT Analysis🎯

📊The $PNUT /USDT pair is currently trading at $1.1937, exhibiting a 2.76% decline in the past 24 hours. The 24-hour trading volume stands at $227.45 million, indicating significant market activity.

📉Short-term analysis reveals a bearish trend, with the price forming lower highs and lower lows. The 5-minute chart shows a recent bearish candle, suggesting further downward momentum in the near future.

📉Potential Short Entry: $1.1937 (Current Price)

🛑Stop Loss: $1.2000 (Above the recent high)

🎯Profit Target: $1.1500 (Based on recent price action)

⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.

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