$PNUT – Ready for a Bounce? Key Zone in Focus!

After a sharp -9.21% drop, PNUT is now hovering near a potential bounce zone around $0.1538. Price has shown signs of slowing down its descent, and traders are eyeing a rebound towards the $0.1607 resistance — a previously tested level.

The current chart suggests a bullish risk-reward setup with a tight stop at $0.1487. A break above the blue horizontal resistance could trigger a momentum-driven move.

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