Here are some analyses and suggestions for efficient "T+0" (intraday trading) operations on PNUT in the next 24 hours:
1. Observe market sentiment and volatility
The current price of PNUT is around $1.76 and has shown strong volatility in the short term, with a recent increase of more than 300%  . Market sentiment is mainly driven by social media discussions and recent hot topics (such as Elon Musk's support) . Therefore, it may continue to show violent fluctuations in the next 24 hours.
2. Strategies suitable for T
• Sell high and buy low: Due to the current high volatility of PNUT, it is recommended to closely observe the support and resistance levels. The short-term support level is around $1.60, while the recent resistance level is around $2.00 .
• Breakout trading: If the price breaks through $2.00, you can increase your position accordingly, and it is expected that it may hit the $2.20-2.30 range in the short term.
• Defensive operation: If the price falls below $1.60, it is recommended to stop loss to control the risk, or to cover the position in batches at a low level and wait for a rebound.
3. Technical indicator reference
• Trading volume: PNUT's trading volume has increased significantly in recent days, indicating active market interest. Paying attention to changes in trading volume can help confirm price trends.
• RSI indicator: If the relative strength index (RSI) enters the overbought zone (>70), it may pull back in the short term, which is suitable for reducing positions on rallies; if it enters the oversold zone (<span it may be an opportunity to increase positions.
4. Precautions
• Impact of breaking news: As a hot-spot driven token, PNUT's price may fluctuate violently due to breaking news (such as celebrity support or new exchanges).
• Market risk management: Diversify positions to avoid excessive losses due to a single transaction.
Operations in the next 24 hours need to be adjusted flexibly. It is recommended to use quantitative tools or pay attention to market dynamics in a timely manner to better capture short-term gains. $PNUT