Peanut the Squirrel
$PNUT 🐿️🐿️
#Peanut the Squirrel (PNUT) is showing promising technical signals despite a recent 3.9% dip in the last 24 hours. Currently priced at $0.2474, the token is trading within a horizontal channel — a classic pattern indicating market consolidation.
📊 Key Price Predictions:
🔹 Bullish 2025 Target: $0.4794 – $1.0203
🔹 Bearish 2025 Target: $0.0560
🔹 Long-Term Forecast (2030): PNUT might aim for the $5 mark if momentum sustains.
🔍 Technical Breakdown:
All-Time High: $2.47 (Nov 14, 2024)
All-Time Low: $0.03396 (Nov 5, 2024)
Support Zones: $0.1475, $0.0560
Resistance Zones: $0.4794, $1.0203
📈 Indicators Say:
50-Day MA: $0.1800 → Price is above 50MA → Uptrend
RSI: 79.98 → Overbought (Be cautious of potential pullback)
Relative Volume: Below average → Weak buyer strength for now
🚨 What to Watch:
If PNUT maintains its range within the channel, it could revisit $0.4240 and even test $1.5095. However, a breakdown could send it towards $0.2280 or lower.
🧠 Strategy Tip: Monitor RSI and volume closely. Overbought signals suggest the asset may need cooling off before another rally.
📌 Final Thought: PNUT is consolidating — which often signals a big move coming. Stay alert for a breakout or breakdown confirmation.
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