PNUT's roughly
↗31%
monthly surge is losing steam as trading activity collapsed approximately
↘80%
over the past week amid heavy selling pressure.
Momentum shift underway
While PNUT climbed roughly
↗31%
over the past month, the price dipped approximately
↘2.7%
over the past week as sellers outnumbered buyers by 2.5-to-1 over the past day, signaling a clear change in direction.
Trading activity dries up
Trading volume plunged roughly
↘80%
over the past week while the number of active traders dropped approximately
↘39%
over the past day, suggesting fading interest after the monthly rally.
Blockchain data shows caution
Recent blockchain activity reveals investors are selling at losses, with sentiment indicators pointing to fear as participants reassess positions following the strong monthly gains.