$PNUT is dropping like a falling knife!🚨

Technically, we have support around $0.22 and $0.20.According to the Fibonacci levels, the 0.786 level may act as strong support near $0.20, making that area a key zone to watch.

So unless this support range is reached, the price may continue to drop toward that zone.
If you're currently stuck in this coin, you could consider adding funds and setting your liquidation point below $0.18 for safety.If you're looking to enter or accumulate, the range between $0.22 and $0.20 is ideal for accumulation.

However, even with these support levels, we still need to wait for clear reversal patterns before expecting a trend reversal in the shorter time frame.

Thank you so much for reading, I hope my updates help you in your trading journey.
DYOR, NFA
#Pnut #BinanceAlphaAlert