Is #pnut🔥🔥🔥🔥 Done or Preparing for a Comeback❓Will $PNUT recover or is this the end of the road❓$PNUT /USDT DROPS TO $0.1576 – IS THIS THE END OR A HIDDEN OPPORTUNITY❓$PNUT /USDT is experiencing a sharp 8.69% decline, trading at $0.1576 after reaching a 24-hour high of $0.1789 and a low of $0.1523. Despite the dip, buyers are still holding a 62.77% dominance in the order book.

🔥 Key Levels to Watch:

🔻 Support: $0.1520 – A breakdown here could trigger a fall toward $0.1450.

🔺 Resistance: $0.1685 – A reclaim could see PNUT testing $0.1760.

📊 Trade Setup:

✅ Long Entry: Above $0.1600, aiming for $0.1685 and $0.1760.

❌ Short Entry: Below $0.1520, with downside targets at $0.1450 and $0.1380.

📉 The MACD remains bearish, suggesting continued downside pressure. However, if PNUT rebounds off support, we could see a potential short squeeze. Keep an eye on volume for confirmation!