Is $PNUT the next big opportunity or a trap? 🐿️📉
The market is in "Extreme Fear", but while everyone is panicking, coins like $PNUT continue to show impressive volume. Are we facing a buying opportunity on the dip or is it time to exit?
Quick analysis:
The key support: I have been watching the chart and $PNUT seems to be bouncing in the 0.0810 area. If it loses this level, we could see a strong drop.
The Volume: Despite the drop in Bitcoin ($BTC), the community remains active here. Volatility is the paradise for short-term traders.
💡 My strategy:
I am waiting for confirmation above 0.089 to open a Long. If it breaks down, I will look for a quick Short.
👇 What do you think?
Do you believe meme coins will survive this November correction? Vote below or leave your comment!
PNUT
0.0837
+3.20%
PNUTUSDT
Perp
0.08368
+3.16%
