The $PNUT /USDT pair has captured market attention with its dynamic movements, currently trading at $1.5824 after a high of $1.8740 and a low of $1.5679 in the last 24 hours. The 2% decline reflects a period of consolidation after significant volatility, with trading volumes reaching an impressive 509M USDT. The steep drop from its peak signals potential bearish pressure, but the asset is holding near a key support level, hinting at a possible rebound. Traders should monitor this zone closely, as a decisive move could either trigger a recovery towards $1.77 or a further decline below $1.55. Stay sharp, as $PNUT

's next move could define its short-term trend.

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