What is the current status of $PNUT ? What should be done next?
The current low range of PNUT is a key area for manipulators (here understood as capable investors) to accumulate positions, which largely indicates that this asset is essentially at a bottom position.
If its price drops again in the future, it will undoubtedly be a great opportunity to increase positions. Everyone should not be 'scared' by the superficial appearance of price drops and easily sell their assets.
Overall, considering PNUT's current situation, a reasonable operating strategy is 'buy more as it drops.'
The specific operating method is as follows: buy 50% of the total amount of PNUT spot at the current price of around 1 USD, and then keep the remaining 50% of the funds to buy more when the price is in the range of 0.5 - 0.7 USD.
In other words, buy more when the price drops; if the price does not drop, there is no need to buy more.
After completing these operations, investors just need to patiently wait for one or two months, and then they can consider selling PNUT at a price of 1.88 USD to gain corresponding profits.
