🚨📍$PNUT Market Alert: Whale Exit Rumors Spark Sell-Off Fears📍🚨
Breaking News📣🔥
Rumors are circulating that a major whale investor, holding approximately $998 million in PNUT, is preparing to exit the market after realizing substantial profits. This potential sell-off could significantly impact PNUT's price.
Current Market Data
- PNUT Price: $2.3099 (up 399.97% in 24 hours)
- 24h High: $2.5099
- 24h Low: $1.2099
- Trading Volume (24h): $1.2 billion
- Market Capitalization: $2.5 billion
Technical Analysis
- RSI: 92.15 (overbought territory)
- MACD: Bearish divergence
- Bollinger Bands: PNUT price testing upper band
Potential Price Impact
If the whale investor exits, PNUT's price may plummet to:
- Short-term (next 24 hours): $1.30 (down 43.5%)
- Medium-term (next week): $0.80 (down 65.2%)
- Long-term (next month): $0.50 (down 78.3%)
Trading Strategy
Consider selling PNUT at current levels and buying back at lower prices if the rumored sell-off occurs.
Key Levels
- Resistance: $2.5099
- Support: $1.2099, $0.80
Caution
Whale exits can significantly impact market dynamics. Monitor PNUT's price action closely and adjust your trading strategy accordingly.
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