$PNUT Breakdown – Struggling to Hold Support
$PNUT/USDT has been in a steady decline, shedding value over the past several days. After reaching a high of $0.4884, it’s entered a clear downtrend, now trading near $0.2922—down 14.56% just today.
Bearish momentum remains strong with no immediate signs of a reversal. Attention is now focused on the critical $0.23–$0.25 support zone, which could be the last line of defense. A breakdown below this area may trigger further losses.
Key Levels:
Resistance: $0.34–$0.36
Support: $0.23–$0.25 (crucial zone)
This is a pivotal moment—bulls need to step in soon, or more downside could be on the horizon.
Trade $PNUT here