🚨$PNUT PNUT ALERT: VOLATILITY SPIKE – WHAT’S NEXT? 🚨
PNUT is trading at 1.1217, down 8.22%, after a massive run-up to 2.5000 followed by a sharp retracement. The market is showing high volatility, and traders are watching for the next significant move.
💡 Key Levels to Watch:
Resistance: 1.7415 – A breakout above this could push PNUT toward 2.00 or higher.
Support: 1.0668 – Losing this level might lead to a further drop, potentially testing 0.8632.
⚠️ Next Move:
PNUT’s sharp pullback could indicate profit-taking. Watch for consolidation above 1.0668 for a potential rebound or further breakdown below support for added selling pressure. Stay cautious with tight risk management!