#Pnut PNUT Intraday Analysis

Support Levels:

• 0.378 (24h low)

• 0.304 (EMA13)

Resistance Levels:

• 0.488 (24h high)

• 0.50 (psychological barrier)

Market Sentiment

Short-term bearish rebound! Currently at -5.22% pullback, RSI across the board is above 70 indicating overbought condition, MACD has crossed but trading volume is weak (VOL < MA5/10). If it breaks below 0.378, hit the bearish button and target 0.30! If it rebounds and stabilizes at 0.42, it could be a chance to play for a bounce, breaking 0.488 would shift to bullish!

Future Outlook

It is highly likely to experience consolidation and washing out this week. If there is a significant breakout above 0.50, target 0.6! Otherwise, expect a pullback to the 0.30-0.38 range to build a bottom, with clear control by the market makers, beware of spike moves!

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