#Pnut PNUT Daily Analysis

Current Price: 0.3375 (-5.88%)

Key Data

• Support: 0.3125 (EMA13) / 0.275 (EMA21-89 Dense Area)

• Resistance: 0.3955 (24h High) / 0.34 (Short-term Selling Pressure Zone)

• Indicators: Trading volume has decreased below the moving average, EMA bearish arrangement remains unchanged, selling pressure dominates.

Viewpoint

Short-term bearish control, if a rebound holds above 0.34, there may be a correction from overselling; if it breaks down to 0.312 with increased volume, it will accelerate down to the 0.275 support. The intraday trend leans towards weak fluctuations; if there is a sharp drop without breaking support, one can take a small position to bet on a rebound, but it is necessary to enter and exit quickly.

Trend

Low trading volume limits the reversal strength; it needs to hold above 0.395 to reverse the downward trend, otherwise, it will continue to explore the bottom. (In a fluctuating market, it's important to preserve principal rather than seek profit)

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