$PNUT Market Check!

🔻 Price Update: PNUT trades at $1.6235, down -3.14% in the last 24 hours. With a high of $1.7149 and a low of $1.5000, the volatility is keeping traders on their toes.

Key Indicators:

• Moving Averages:

• 7 MA: $1.6009 (short-term bullish recovery underway).

• 25 MA: $1.6133 (current price sitting slightly above this level).

• 99 MA: $1.7013 (serving as overhead resistance).

• Volume: Steady with $242.90M PNUT traded, suggesting interest remains.

Technical Levels:

• Support: $1.5000 (critical to hold for bulls).

• Resistance: $1.7149 (a breakout here could signal upward momentum).

Market Sentiment: After a dip to $1.5000, PNUT shows signs of life with buyers stepping in. Keep an eye on the $1.63-$1.70 zone for potential movement.

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