🚨 $PNUT /USDT – Big Spike, Quick Rejection! Watch These Levels! 🚨
PNUT exploded to $0.1809 before sharply correcting back near $0.1597 (+14.48%). The surge was backed by strong volume, but price is now hovering around key EMAs.
24H Range & Stats:
High: $0.1809
Low: $0.1382
Volume: 400.60M PNUT
EMA Checkpoint:
EMA(7): $0.1604
EMA(25): $0.1602
EMA(99): $0.1546
Market Insight:
Short-term structure shows signs of indecision. Price needs to hold above $0.1546 to maintain bullish momentum. A reclaim of $0.1650 could trigger another leg up.
Trade Levels:
Support Zone: $0.1540 – $0.1500
Breakout Resistance: $0.1650
Next Bull Target: $0.1750+
Pro Tip: Watch for EMA cross confirmations. Entry after consolidation above $0.1600 could offer low-risk setup with SL below $0.1520.
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