PNUT/BTC has taken a steep dive, now trading at 0.00001525, marking a 14.57% decline over the past 24 hours. The token hit a high of 0.00001800 before plummeting to a low of 0.00001507, reflecting intense bearish pressure. Despite the downturn, slight consolidation around current levels suggests buyers might be stepping in cautiously. Trading volume has reached 1.02M, signaling continued activity, but uncertainty looms. If PNUT can hold above 0.00001500, a potential reversal could spark renewed momentum. However, a failure to defend this level may open the doors for further downside, leaving the market in a highly speculative state.