๐ฟ๏ธ $PNUT Drops 3% to $0.2149 โ Support Under Pressure
Price: $0.2149 | 24h Volume: $86M+
Range: $0.2082 โ $0.2352 โ testing lower bounds โ ๏ธ
Market Cap: ~$215M | Down ~91% from ATH ($2.44)
My Take:
PNUT slid ~3% today, approaching key support near $0.214.
If bulls defend, a bounce toward $0.225+ is possible.
Break below $0.214 could open the door to deeper losses.
Volume remains healthy โ traders are still active, but momentum is fragile.
๐ฏ Target: $0.225+ if $0.214 holds โ watch for strong volume confirmation
Could PNUT reclaim $1+ this year, or is the bear still in control?