Here’s a quick analysis of the latest $PNUT /USDT market data:

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📊 PNUT/USDT Snapshot

Current Price: $0.3221 (-5.82% daily change)

24h High / Low: $0.3516 / $0.3194

24h Volume:

PNUT: 114.82M

USDT: 38.22M

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🧠 Technical Insights

Price Trend: Bearish short-term move (-5.82%), though it appears to be consolidating around $0.3221.

Support Level: ~$0.3194 (24h low, potential short-term support)

Resistance Level: ~$0.3516 (24h high, near-term resistance)

Volume Trend: High relative volume suggests strong market activity, despite the drop.

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📌 Key Takeaways

The recent sharp drop (-5.82%) suggests selling pressure or correction after a prior rally.

Holding above $0.32 would be critical to prevent further downside toward the $0.31–0.30 zone.

Volume is strong, signaling trader interest – could be primed for a bounce if support holds.

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