Here’s a technical summary of $PNUT /USDT based on your data:
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PNUT/USDT Overview
Current Price: 0.3052 USDT
24h Change: -11.05% (Sharp Decline)
24h Range: 0.3027 – 0.3479
Volume (24h):
PNUT: 109.84M
USDT: $35.67M
High trading volume indicates active participation, likely due to the steep drop.
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Technical Indicators
MA60: 0.3067
Price is just below this — indicates bearish short-term pressure.
MA(5): 61.8K, MA(10): 58.5K
Slight increase in volume moving averages shows sustained attention.
Support Zone: 0.3027 (24h low)
Resistance Levels: 0.3089, 0.3100, and 0.315+ range
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Momentum & Trend
Trend: Bearish short-term
Price action is hugging key support (0.303) — a breakdown could lead to:
Next target zone around 0.290–0.295
If support holds, a bounce toward 0.310–0.315 is possible, especially if volume stays high.
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Summary
Short-term Bias: Bearish
Watch Closely:
If PNUT breaks below 0.3027, expect more downside.
If it reclaims 0.310, could attempt a reversal.
Strategy Tip: Volatility is high — tight risk management is essential.
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Let me know if you want support/resistance levels for specific timeframes or a trade setup (entry/stop/targets).
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