$PNUT /USDT Analysis & Update

🚀 Current Price: $1.0461 (-0.69%)

🔝 24h High: $1.1431 | 24h Low: $1.0133

💰 24h Volume (PNUT): 154.11M | 24h Volume (USDT): $166.69M

Market Overview:

$PNUT has seen a slight decrease of 0.69% today. Despite the dip, the price has recently shown a solid 4.47% gain on the 4-hour chart, reaching $1.0461. The market remains fairly active with over 154 million PNUT tokens traded in the last 24 hours.

Key Levels to Watch:

Resistance: $1.1431 – The recent high acts as a significant resistance level for further upward movement.

Support: $1.0133 – This level marks the 24-hour low and offers a strong support zone.

Price Movement:

Recent Price Action: $1.0461 – A gain of +4.47% on the 4-hour chart.

Current Range: $1.1431 - $1.0133.

Target Outlook:

📈 Short-Term Target: $1.10 - $1.15 (if momentum continues, a break above $1.05 could lead to testing higher levels).

📉 Support Zone: $1.00 - $1.01 (dips toward this range might offer potential buying opportunities).

PNUT shows some positive price movement despite the slight overall decrease. Watch for possible momentum continuation above $1.05 and a move toward $1.15. Keep an eye on key support at $1.01 in case of pullbacks.

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