$PNUT LOSING STEAM – Breakdown Below $0.25 Could Trigger Deeper Pullback
$PNUT /USDT pumped to $0.3000, but momentum is fading fast. Price is now slipping back to $0.2697, and bearish pressure is building. Despite massive volume (720.02M PNUT / $169.72M), bulls may be losing control.
Current Price Range:
• Resistance Zone: $0.2780 – $0.3000
• Key Support: $0.2530 – $0.2700
Bearish Targets if Breakdown Continues:
• TP1: $0.2400
• TP2: $0.2000
MA(7) is now above price at $0.2709, suggesting short-term trend weakness. If $PNUT fails to hold $0.2530, expect acceleration to the downside. Meme coin hype cooling off—caution warranted.