PNUT has new developments! From the market perspective, the main players are entering at the price level of 0.6, and the intention to build a bottom is quite significant. Fellow investors, do you still have confidence in 'Squirrel'?

It is important to know that 'Squirrel' is a key supporting element for the winning camp in the election. As a meme coin that has attracted attention due to the election results, its popularity has skyrocketed with the progress of the election.

With Trump set to officially take office on January 20, it is expected that this will certainly trigger a new wave of excitement based on past patterns.

After all, meme coins that come with hot topics inherently attract funds to enter the market. Brothers, it might be wise to seriously consider whether to seize this opportunity.

Here’s a practical suggestion: it is more recommended to engage in spot trading, as the risks of leveraged trading are too high and not advocated.

Currently, the price of PNUT is 0.67. In terms of short-term trends, two key price levels need to be noted. One is 0.78, which is the upper wedge position; once it breaks through, it often signals a bullish reversal.

The other is 0.96, which is a key resistance level for trend reversal and should not be underestimated.

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