🔥 $PNUT Market Insight
PNUT saw a notable liquidation at $0.0451, indicating over-leveraged longs got wiped out, opening room for fresh positioning. Price now enters a crucial decision zone. Support is holding near $0.042, with deeper backing around $0.039. Meanwhile, resistance stands at $0.048 and then $0.052, where sellers previously stepped in. If buyers regain control, expect a target 🎯 toward $0.055–$0.058. A tight stoploss around $0.038 protects against breakdown risk. The next move could be a volatility squeeze — either a sharp rebound fueled by short-term buyers or continuation downward if market sentiment stays weak. Keep an eye on momentum — if PNUT flips $0.048 into support, momentum could accelerate quickly.
PNUT
0.0596
-2.13%