$PNUT /USDT Analysis
1. Summary: $PNUT/USDT is down more than 21% in 24 hours, trading around 1.71 USDT.
2. Technical Analysis:
• EMA: Price is below EMA 9 and 21, signaling a downtrend.
• Bollinger Bands: Price fluctuates within the range of 1.57 to 2.05 USDT.
• MACD: Downtrend is still strong.
• RSI: At 47, neutral but slightly weak.
3. Comments: If price breaks 2.00 USDT, it can increase; if it breaks 1.50 USDT, it can decrease further.
4. Risk: Potentially high volatility, need to manage risk closely.
