🚨$PNUT PNUT ALERT: MAJOR DOWNTURN – CAUTION ADVISED! 🚨

$PNUT has dropped significantly, currently trading at 1.32209, reflecting a sharp -18.63% decline. With a marked volatility increase, this movement highlights critical risks for leveraged positions.

💡 Key Levels to Watch:

Resistance: 1.4000 – Recovery to this level could signal a short-term bullish retracement.

Support: 1.3000 – A break below this level might trigger further downside toward 1.1500, which is a crucial stop-loss consideration for current trades.

⚠️ Market Outlook: Leverage positions, such as this one at 19x, amplify both risks and potential rewards. Maintain tight risk management to avoid liquidation as PNUT approaches key support levels.

#PNUT #CryptoTrading #RiskManagement #MEMEalpha #Write2Earn!