#CryptoComeback
Bullish Scenario: If PNUT maintains its current momentum and breaks through the $0.26–$0.29 resistance, it could reach $0.30–$0.35 by May 14, 2025. This aligns with X posts suggesting a target of $0.30 and strong retail FOMO. The CoinCodex forecast also supports short-term growth, predicting a 15.08% increase to $0.303351 by May 12, 2025, if the upper price target is reached.
Bearish Scenario: If the overbought RSI (73.34) triggers profit-taking or a market correction, PNUT could retrace to the $0.17–$0.19 support zone, or even lower to $0.13 if sentiment sours.
Most Likely Range: Given the mixed technical signals (overbought but strong momentum), PNUT is likely to trade between $0.20 and $0.30 over the next 5 days. A conservative estimate based on CoinCodex’s algorithm suggests a price of around $0.25–$0.28 by May 14, 2025, assuming moderate volatility and no major market disruptions.
For long term, you can hold this meme coin