Here’s a technical summary for $PNUT
/USDT based on the data you’ve shared:
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Current Price:
$0.3903 (-11.86%)
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24-Hour Overview:
High: $0.4531
Low: $0.3790
Volume (PNUT): 284.08M
Volume (USDT): 119.29M
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Moving Averages:
MA(5): 91,650.6
MA(10): 105,402.2
MA(60): 0.3853 (close to current price – potential pivot)
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Recent Price Ladder:
Price range: $0.3795 – $0.3916
Current price ($0.3903) is above MA60, suggesting potential short-term support.
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Analysis:
Bearish momentum today with a nearly 12% drop.
Price bouncing slightly near $0.3853 MA60, which may act as support.
High trading volume indicates strong market interest despite the drop.
Watch for recovery above $0.40 to confirm reversal.
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