Pnut is a dead coin now. Stop wasting time on posting threads on analyse on Pnut. Better use your time on other potential coins if you really want to help others with their trades

$PNUT /USDT Analysis – Testing Key Support $PNUT is currently trading at $0.3593, down 2.94% for the day, after briefly dipping to $0.3508. The RSI at 36.57 signals oversold conditions, suggesting a possible rebound from the recent sell-off.


Key Levels to Watch:

Support:

$0.3500: Immediate support; a break below could lead to further declines.

$0.3400: Critical support zone; losing this level may trigger panic selling.

Resistance:

$0.3700: First resistance; reclaiming this level indicates strength.

$0.3870: Strong resistance; a breakout here could resume the bullish momentum.

Trade Setup:

Long Entry: Above $0.3600

Targets: $0.3700, $0.3800

Stop-loss: Below $0.3500

Short Entry: Below $0.3500

Targets: $0.3400, $0.3300

Stop-loss: Above $0.3550

Market Insight:

PNUT is consolidating near support with low momentum, making this a critical zone to watch. A bounce off $0.3500 may attract buyers, while failure to hold could open the door for further declines.

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