$PNUT /USDT – High-Volume Dip to Demand Zone! Rebound or More Squeeze?

$PNUT dropped -3.82%, now trading at $0.3999, after facing resistance near $0.4880. With 506M #PNUT in 24h volume, this meme coin is still hot, but bears are testing support.

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Current Price: $0.3999

24h Change: -3.82%

24h High: $0.4880

24h Low: $0.3624

24h Volume (PNUT): 506.16M

24h Volume (USDT): 210.38M

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Bullish Setup (Reversal Opportunity):

Entry Zone: $0.3850 – $0.4000

TP1: $0.4300

TP2: $0.4600

TP3: $0.4880

Stop-Loss: $0.3550

Bearish Setup (Breakdown Play):

Short Entry: $0.3620

TP1: $0.3300

TP2: $0.2980

SL: $0.4100

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Market Insights:

Price is consolidating above key support at $0.3850. A bounce could ignite quick gains toward previous highs. But if it breaks below $0.3620, panic sellers may accelerate the drop.

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Pro Tip:

Let volume confirm your entry. On 15m or 1h charts, wait for a green engulfing candle near $0.39 before entering. Don’t chase breakouts without confirmation.

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PNUT is spicy, but can it crunch through resistance again? Drop your thoughts and request more altcoin breakdowns below!

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