$PNUT

/USDT Technical Analysis Update

The PNUT/USDT pair is currently experiencing a slight downtrend with a 24-hour decline of -16.71%. The price stands at 0.6812 USDT, down 0.19% in the last 15 minutes. Let's break down the key levels:

Support Zone: At 0.6377 USDT, marking the 24-hour low.

Resistance Zone: 0.8268 USDT, representing the recent high.

Price Action: The pair is moving within a narrow range between 0.6377 and 0.8268, indicating consolidation. If the price breaks below the support level, we could see further downside. However, if the price pushes higher, the next target will be around 0.8 USDT.

Volume Analysis: The volume is relatively high, with 342.49 million PNUT and 251.68 million USDT traded in the last 24 hours, showing strong market interest.

Traders should monitor these levels closely for potential breakouts or reversals.

This post provides a quick, insightful analysis of PNUT/USDT, focusing on technical indicators and key price levels.