🥜 $PNUT /USDT Technical Analysis (1D Chart)
💵 Current Price: $0.2921 (–0.44%)
📊 Moving Averages:
MA(7): $0.2632 ✅
MA(25): $0.3014 ❌
MA(99): $0.2182 ✅
The price is above the short-term support (MA7 and MA99) but still struggling below MA(25) — a breakout may be on the way if $0.30 becomes support.
🔍 Structural Outlook:
After pulling back from May's highs, PNUT formed a rounded base and is now attempting to advance.
The candle structure suggests a re-test of the descending resistance, with today's wick touching MA(25) and pulling back — key testing zone.
🔥 Momentum Snapshot:
MA(7) is sloping upwards and has crossed above MA(99)
MA(25) now acts as resistance at $0.3014
Price above the 200-day trend = long-term bullish bias intact
🧱 Key Levels:
Support: $0.2760 → $0.2630 → $0.2180
Resistance: $0.3015 → $0.3350 → $0.3880
🎯 Trade Setup:
Breakout Confirmation: Daily close above $0.302 = strong trigger towards $0.33–$0.35
Retracement Opportunity: Buying zone around $0.27–$0.28
Stop Idea: Below MA(7) or $0.258 for swing setups
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!
Buy and trade here 👉🏾👉🏾$PNUT 🔥🔥