$PNUT Squeezed in a Tight Range – Is a Big Move Coming?
$PNUT is stuck in a downward consolidation channel, trading at $0.1820 after an -8.54% slide. This peanut might look quiet now, but compression often leads to explosion!
Market Overview:
Current Price: $0.1820
24H Drop: -0.0170
Price Structure: Downward sloping channel
Sentiment: Bearish but coiling for breakout
Why Traders Are Watching PNUT:
Consolidation = Pressure build-up
Break above the channel could trigger bullish momentum
Drop below $0.1800 may open the gates to new lows
The Setup is Simple:
Stay patient. Let the breakout speak. Whether it's a bounce or a breakdown — PNUT’s next move could be fast and decisive.
Trade Smart. Stay Ready. Only on Binance
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