$PNUT Analysis - Difficulty in Maintaining Its Course

The PNUT/USDT pair has seen a sharp decline for days. After surpassing the peak at $0.4884, it entered a clear downward trend, currently trading around $0.2922, down by -14.56% today alone.

Bears continue to press, and the chart shows no clear reversal signals so far. But all eyes are now on the support area between $0.23 and $0.25, which is expected to be a major defense zone. If broken, further declines may follow.

Key Levels: • Resistance: $0.34 - $0.36

• Support: $0.23 - $0.25 (Critical Zone)

Monitor the situation closely - buyers should emerge soon, or we may witness further declines.

To trade here on