PNUT Support Tested: Bullish Potential Remains Despite Correction

The PNUT token has recently experienced a correction, dropping to the 0.618 Fibonacci support level around $0.2760. This dip presents a low-risk long opportunity for investors who believe in continued upward momentum. Despite this pullback, the broader trend remains bullish with targets at $0.5333, $0.6400 and $0.7315. A breakout from the current wedge pattern, coupled with rising volume, could trigger a strong continuation above the $0.35 resistance level.