$PNUT currently exhibits a bullish market structure, trading at 0.2035 USDT.
With strong support at 0.1943 USDT and resistance at 0.2047 USDT, a breakout strategy could be advantageous.
The RSI at 57.52 suggests healthy upward momentum without being overbought.
However, traders should remain cautious of potential Bitcoin volatility and broader macroeconomic factors impacting sentiment.
Vigilance is essential, as unexpected shifts could affect PNUT's performance.
