$PNUT 🎀‼️ Big Sellers at Market Pressuring PNUT—Caution Advised! ♨️📛❓

PNUT is under intense selling pressure, as big sellers dominate the market and keep a firm lid on any rally attempts. Every time the price tries to push higher, aggressive supply quickly overwhelms demand, creating an environment where buyers struggle to gain traction. 🛑⚔️

Volume analysis paints a clear picture of this dynamic. Each short-lived bounce has been accompanied by surges in sell-side volume, confirming that large holders are distributing into strength. This persistent selling activity often signals that institutional players and whales are exiting positions rather than holding for further upside. 🐋📊

Technically, PNUT is trading below key moving averages and approaching critical support. RSI has rolled over from neutral levels and is now trending downward, reflecting weakening bullish momentum. MACD is starting to flatten and threaten a bearish crossover, hinting that the path of least resistance remains to the downside if sellers stay in control. ⏳🔻

On-chain data reinforces this bearish tone. Exchange inflows have increased as big wallets move tokens onto trading venues, a common precursor to larger liquidation events. This consistent pattern suggests that big sellers are intent on unloading their holdings before any sustained recovery can gain momentum. 📉⚡

For traders, the immediate focus should be the nearby support level. A decisive break below this floor on high volume could trigger cascading stop-losses and drive PNUT into deeper retracement territory. Conversely, if buyers manage to step in and absorb the selling, a relief bounce could develop—but for now, the pressure remains squarely on the bulls. 🎢🛡️

In summary, big sellers are firmly in control of PNUT’s market action, and caution is warranted. Waiting for clear confirmation of any reversal, managing exposure carefully, and protecting capital will be critical until the selling abates. Stay vigilant—this is a market where patience and discipline pay off. 🌟🔍