$PNUT
1. Resistance Levels:
$0.7003 (MA25, immediate resistance).
$0.7293 (MA99, longer-term resistance).
2. Support Levels:
$0.6862 (24h low, immediate support).
$0.6847 (potential breakdown level, further support below).
PNUT is in a short-term downtrend, with support at $0.6862. A rebound from this level could target $0.7003 as the next resistance. However, if the support breaks, further downside to $0.6847 is likely.
Strategy:
For Bulls: Wait for a potential bounce at $0.6862 or a breakout above $0.7003.
For Bears: Consider shorting if the price fails to hold above $0.6862, with targets near $0.6847 or lower.
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