PNUT/USDT Market Update: Key Levels and Insights
1. Current Price and 24-Hour Performance
Last Price: $1.0794
24-Hour Change: -2.02%
24-Hour High: $1.1860
24-Hour Low: $1.0000
2. Trading Volume
24h Vol (PNUT): 322.89M PNUT
24h Vol (USDT): 355.71M USDT
3. Trading Strategy
Buy Targets: $1.0700 – $1.0800
Sell Targets: $1.1200 – $1.1500
Stop Loss: Below $1.0000
4. Technical Analysis
PNUT/USDT has tested its key support near $1.0000, showing signs of potential accumulation.
Resistance levels are identified near $1.1300 and $1.1500, which may limit upside moves in the short term.
5. Market Trends
The market reflects mild bearish momentum as profit-taking pressures persist.
Trading volumes suggest sustained interest, with price action consolidating around $1.0700.
6. Key Observations
Watch for a breakout above $1.1300 for renewed bullish momentum.
A breach below $1.0000 could signal further downside risks, warranting caution.
7. Disclaimer
This analysis is for informational purposes only. Please conduct your own research and seek professional advice before making any trading decisions.
