🔍 Multi-Timeframe Technical Analysis
⏱️ 15 Minutes
Trend: Short-term Increase.
RSI: Close to 70, indicating overbought territory.
MACD: The MACD line crosses above the signal line, bullish signal.
Volume: Spike in bullish candles, confirming strong buying pressure.
Price Pattern: Forming a bullish flag pattern, potential continuation of the upward trend.
🕐 1 Hour
Trend: Stable Increase.
RSI: Around 65, still in the neutral zone but trending upwards.
MACD: The MACD line is above the signal line, reinforcing the upward trend.
Volume: Stable, no signs of divergence.
Price Pattern: Unclear, but the upward trend is still maintained.
🕓 4 Hours
Trend: Strong Increase.
RSI: Close to 70, indicating overbought territory.
MACD: The MACD line is above the signal line, confirming the upward trend.
Volume: Slight increase, supporting the current trend.
Price Pattern: May form a bullish triangle pattern, need to monitor further.
📅 1 Day
Trend: Long-term Increase.
RSI: Around 60, in the neutral zone.
MACD: The MACD line crosses above the signal line, giving a buy signal.
Volume: Slight increase, indicating interest from investors.
Price Pattern: Long-term upward trend is still maintained.
📈 Trading Strategy
Spot Trading
Buy: When the price adjusts to the support zone of $0.25 - $0.27.
Take Profit: At the resistance zone of $0.35 - $0.40.
Stop Loss: Below $0.24 to limit risk.
Futures Trading
Open Long Position:
Entry Point: When the price exceeds $0.30 with increasing volume.
Take Profit: At $0.35 and $0.40.
Stop Loss: Below $0.28.
Open Short Position:
Entry Point: When the price fails to exceed $0.30 and starts to decline.
Take Profit: At $0.25 and $0.22.
Stop Loss: Above $0.32.
📰 Latest Information
Listed on Coinbase and Robinhood: PNUT was listed on Coinbase in January 2025 and recently on Robinhood, increasing liquidity and attracting investor attention.
Strong Growth: PNUT has increased by over 70% in the past 24 hours, reaching a price of $0.29, with trading volume exceeding $550 million USD.
Lawsuit related to intellectual property: The owner of the Peanut the Squirrel brand has sent a request to Binance to stop using names and images related to PNUT, causing controversy in the community.
📢 Conclusion
PNUT is showing positive signals on short-term and long-term timeframes. However, investors need to closely monitor key support and resistance levels to make reasonable trading decisions.
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