$PNUT TRYING TO RECOVER AFTER DUMP SHORT-TERM PUSH OR DEAD CAT BOUNCE?
After sliding from a high of $0.2895 to as low as $0.2273, $PNUT is showing signs of life again now trading at $0.2619 with a +4.93% gain. With volume hitting over 105M PNUT in the last 24H, buyers seem to be stepping in but the trend is still shaky.
📊 Market Breakdown:
• 24H High: $0.2713
• 24H Low: $0.2369
• Current Price: $0.2619
• Volume: 105.27M PNUT
• Today’s Rebound: +9.81%
• 30-Day Trend: +68.53%
• 180-Day Drawdown: -81.76%
⚠️ Critical Level: $0.2780
If $PNUT can reclaim the $0.2780–$0.2895 range, the bulls may regain confidence. Otherwise, this bounce may lose steam. Keep your eyes on volume and rejection zones in the next few candles.