$PNUT is in a clear downtrend, reflecting a 21% decrease. It is currently forming resistance at $0.2523 with a temporary resistance at $0.2471. The key support level lies at $0.2429.
If the price breaks below $0.2429, expect a continuation of the downtrend with the formation of a new support level. However, if the support holds, a bounce back to $0.2528 and potentially $0.2594 (TP2) is likely.
Monitor closely for confirmation of support or further breakdown.