$PNUT /USDT: Price and Market Overview

PNUT is currently trading at $1.1027, reflecting a -0.76% decline over the past 24 hours.

Key Metrics

24h High: $1.1368

24h Low: $0.9533

24h Volume (PNUT): 262.84M

24h Volume (USDT): $274.64M

Technical Levels

Resistance Levels: $1.1368, $1.1545, $1.3875

Support Levels: $1.1027, $0.9533, $0.9215

Market Analysis

Price Movement: The token has shown modest declines but remains above its 24h low of $0.9533, suggesting potential stabilization near current levels.

Volume Insights: Healthy trading volume indicates active interest, with buyers and sellers maintaining a relatively balanced stance.

Trading Strategy

For Buyers: Monitor for a breakout above $1.1368 to target $1.1545 or higher levels.

For Sellers: Consider positions below $1.1027, aiming for $0.9533 or $0.9215 as downside targets, with stops above $1.1368.

Sentiment Overview

The market sentiment for PNUT is neutral to bearish. A sustained move above $1.1368 may shift momentum in favor of bulls, but for now, cautious trading is recommended.

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