Last time I analyzed $PNUT , many friends were still concerned and couldn't make up their minds.
Let's talk about it again.
After Musk's interactions on Twitter and the associations with players and the promotion from KOL, Pnut has also surged quite a bit.
Currently, it is in a trend of slow oscillation downwards after a high rise (with continuously lower highs). If you take a closer look at the 4h trading volume, it is increasingly sluggish and showing a decrease in volume, so it is advisable not to consider going long in the short term.
Currently, the 4h support is at 1.476, and it is important to observe the performance here. If the current trend continues, it is likely that this level will be difficult to hold, so if it is effectively broken down, one can follow the trend to short, and in the chart, chase while lowering the protection. Conversely, if there is an effective rebound at 1.476, one can consider a small position to go long (the risk of going long will be slightly higher).
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