$PNUT /USDT

PNUT/USDT Market Overview

MetricValueCurrent Price$0.2131 (-6.16%)24h High / Low$0.2302 / $0.212824h Volume (PNUT)83.13 Million PNUT24h Volume (USDT)$18.43 MillionCategoryMeme TokenExchangeBinance

šŸ“Š Price Action & Key Levels

Price LevelTypeComment$0.230224h High / ResistanceRecent local peak; rejection seen$0.2131Current PriceSitting just above 24h low$0.212824h Low / SupportCritical intraday support$0.2491Resistance (Depth Data)Volume wall; potential short-term ceiling$0.2697ā€“0.2902Extended ResistanceWider rejection zone$0.3107Macro ResistanceHeavy sell zone on chart depth

šŸ“‰ Trend & Momentum

Short-Term Trend: Bearish ā€” intraday drop of >6%

Momentum: Selling pressure increasing near $0.22

Volume: Decent liquidity, but no accumulation spike visible

Pattern: Minor double top around $0.23 suggests short-term exhaustion

āš ļø Risk Zones & Caution

Break below $0.2128 = risk of free-fall toward $0.20 or below.

Watch for bullish reversal candles or volume spikes around $0.21.

šŸ“ˆ Trade Idea (Short-Term)

High-Risk Reversal Play

Buy Zone: $0.2100ā€“$0.2130

Target 1: $0.2280

Target 2: $0.2490

Stop Loss: Below $0.208

Suitable for aggressive traders betting on meme token bounce.

šŸ§  Final Take

PNUT/USDT is showing weakness near its lower range, with no confirmed support break yet. However, unless momentum flips or a large buy volume appears, it could drift further down.

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