$PNUT

🔽 Support Levels (Fear Zone):

The current price of 1.099 is acting as a support level, meaning if the price holds here, it could stabilize or rise.
Support levels are where buyers tend to enter, seeing the price as a good deal.
But since you're saying the price is in a "fear" zone, it's a bit uncertain right now. If the price falls below 1.099, here are the next support levels that could be crucial:

📉 1.0553, 0.8000, 0.7545, and 0.5000.

These are the potential prices where the market might find new buying interest. Below these levels, the price could drop further, signaling a bearish trend. 😨

🔼 Resistance Levels:

If the price holds at 1.099 and starts rising, the next resistance levels are key areas where price might struggle to move higher:

📈 1.353, 1.4443, 1.598, and 1.888.
Resistance levels are where sellers often appear, preventing the price from going higher. If the price reaches any of these levels, it could be a point where the price gets "stuck" or even reverses downward. 💪

How to Approach This:

If you're bullish (hoping the price will go up), you'd want the price to hold above the 1.099 support. If it goes higher, the next resistance levels could provide opportunities to take profit if you're in a position.

If you're bearish (hoping the price will go down), then the price dropping below 1.099 and holding at a lower support level would indicate a continuation of the downward trend.

Remember, this is just a technical analysis and not financial advice! 📊🔍

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