🚨 $PNUT/USDT Drops 18.45% – Bears Dominate the Market! 🚨
$PNUT has plummeted to $1.1845, marking an 18.45% drop in the last 24 hours. The token faced heavy selling pressure after reaching a high of $1.4734, driving it near its 24-hour low of $1.1550. Trading volumes are soaring, with 385.08M PNUT exchanged, indicating heightened market volatility.
Key support now lies at $1.1500. A failure to hold this level could open the door to further declines, potentially testing $1.0000. Conversely, a rebound above $1.2000 could ignite a recovery, with potential targets at $1.3500 and beyond.
Traders should remain vigilant, as $PNUT’s high volatility presents both risks and opportunities. Monitor these critical levels and adjust your strategies to capitalize on the next market move!