#PNUT #PeanutTheSquirre l #MemeCoin #Solana #BinanceSquareVietnam
📌 Market situation
Current price: $0.3928
Market capitalization: $390.15 million
24h trading volume: $1.25 billion
Circulating supply: 999.85 million PNUT
24h volatility: +84.49%
🔍 Technical analysis
PNUT has broken out of the accumulation zone $0.28 – $0.30 with strong trading volume, indicating significant interest from investors. If it maintains above $0.35, the upward trend may continue towards $0.45 and $0.50. Conversely, if it drops below $0.35, the price may correct back to the $0.30 area.
⚙️ Proposed trading strategy
Buying zone: $0.36 – $0.39
Stop-loss: $0.35
Take profit 1 (TP1): $0.45
Take profit 2 (TP2): $0.50
Expansion scenario: If PNUT closes the daily candle above $0.50, the position can be held until $0.60
🧭 Notable events
Positive news from the US-UK trade agreement: PNUT has increased by over 50% after the US and UK announced a trade deal, creating upward momentum for meme coins.
Whale interest: PNUT has risen 12% due to accumulation by whales, indicating significant interest from large investors.
🔗 Trade now