PNUT/USDT Four-Hour Chart, Market Analysis and Short-Term Strategy:

Current PNUT price is $1.0873, down 14.79% for the day.

• 24-hour high: $1.3988

• 24-hour low: $0.9981

• Key Moving Averages:

• MA(7)=$1.2524 (Short-Term Resistance)

• MA(25)=$1.3783 (Medium-Term Resistance)

• MA(99)=$1.2404 (Long-Term Resistance)

From the chart, PNUT has been continuously declining since the high of $1.5887, and has now broken below all key moving averages. The MACD indicator shows that DIF and DEA are continuing to move downward, with green bars increasing, indicating a significant strengthening of bearish momentum in the market.

Support and Resistance Levels

• First Support Level: $0.9981 (24-hour low)

• Second Support Level: $0.9500 (Psychological Support)

• Third Support Level: $0.9000 (Previous Important Support Area)

• First Resistance Level: $1.2524 (MA(7) Short-Term Resistance)

• Second Resistance Level: $1.3783 (MA(25) Medium-Term Resistance)

• Third Resistance Level: $1.5887 (Recent High)

Short-Term Trading Strategy

Long Position Strategy:

• Entry Point: Around $0.9981

• Take Profit Target: $1.2524

• Stop Loss Position: $0.9500

Short Position Strategy:

• Entry Point: Around $1.2524

• Take Profit Target: $0.9981

• Stop Loss Position: $1.3000

If PNUT stabilizes at the support level of $0.9981, a short-term rebound may occur, testing resistance levels of $1.2524 or even $1.3783; if it falls below $0.9981, it may further test $0.9500 or lower to the $0.9000 area.

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