$PNUT /USDT – Bearish Momentum, Consolidation in Progress!

Momentum Analysis:

PNUT is currently in a bearish trend, showing a sharp drop of 13.29% in the last 24 hours, trading at $0.2159. It is experiencing significant support at $0.2116, which aligns with the 24-hour low. The price is in consolidation mode, hovering just above key support levels.

Trading Data:

Price: $0.2159

24h High: $0.2554

24h Low: $0.2116

24h Volume (PNUT): 852.80M

24h Volume (USDT): 199.40M

Depth Levels:

Support: $0.2116

Resistance: $0.2280

Long Setup:

Entry Zone: $0.2150 - $0.2170

Targets:

T1: $0.2245

T2: $0.2280

T3: $0.2350

Stop Loss: $0.2100 (below the 24h low)

Breakout Confirmation Level & Key Support:

Breakout Level: $0.2280 (move above this would confirm reversal)

Key Support: $0.2116

Pro Tip for Traders:

Wait for a confirmation above $0.2280 to enter long positions. Tight stops below $0.2100 are advisable to manage risk.

Hashtags: #PNUTUSDT #CryptoTrading #BearishConsolidation #TradingSetup #PNUT