$PNUT

NUT RED ALERT: Critical Moment Unfolding

The recent -13.42% nosedive has put $PNUT in a dangerous spot, and traders need to stay sharp. After topping out at $0.4884, this rapid pullback suggests weak hands are exiting, and buyers haven't fully stepped in yet.

Technical Breakdown:

Current Price: $0.2981

Support Zone: $0.2660–$0.2800 (last line of defense)

Resistance: $0.34–$0.36 (needs reclaim to flip sentiment)

What's at Stake:

A breakdown below $0.2660 could open the floodgates toward $0.23–$0.24, especially if volume increases on red candles.

Bulls must defend the support zone and form a higher low to rebuild structure.

Sideways consolidation in this range may signal accumulation — watch for volume shifts or bullish divergence on lower timeframes.

Caution Flag Raised:

Wait for:

Stabilization

A clear higher low

Volume confirmation

buy and trade here $PNUT .