Technical analysis of $PNUT coin today, December 30, 2024 📊
Current price performance:
The current price of PNUT coin is $0.69 according to Binance platform data. The price has fluctuated between $0.68 as a minimum and $0.72 as a maximum during the day.
Indicator analysis:
Relative Strength Index (RSI): It shows a reading at the 55 level, indicating a positive bias with the possibility of continuing the upward momentum if supported by the trading volume.
MACD Indicator: It indicates a positive crossover, which supports the bullish trend in the near term.
Moving Average Indicator (MA): The price is moving above the 50-day moving average, which reinforces the positive outlook.
Support and Resistance Levels:
Main Support: $0.65.
Main Resistance: $0.75.
Forecast:
If the price breaks the $0.75 level, we may see a continuation of the rise towards $0.80.
If the price declines and breaks the $0.65 level, it may test the next support at $0.60.
