#Pnut #AltcoinSeasonComing

📈 Current PNUT indicators:

• Price: $0.3621 USD

• Change over the day: +33.66%

• Trading range: $0.2639 – $0.4075

• Trading volume over 24 hours: over $1.2 billion

• Market capitalization: about $364 million   

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🔮 Short-term forecasts:

• Tomorrow (May 11): $0.3748

• By May 12: possible growth to $0.3838

• By May 19: growth forecasted to $0.4912 (potential increase of about 28%) 

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📊 Technical analysis:

• Fear and greed index: 70 (in the “greed” zone)

• 14-day RSI: 85.42 — indicates overbought, possible correction

• 50-day moving average: $0.1639 — current price is significantly higher, confirming an upward trend 

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🧠 Conclusion:

PNUT demonstrates a strong upward trend with high trading volume and positive technical indicators. However, considering the high RSI, a short-term correction is possible. Investors should be cautious and consider potential price fluctuations.