📈 Peanut Coin (PNUT) Market Analysis – May 2025 Update 📉
Peanut Coin is showing strong bullish momentum following a successful retest of the $0.31–$0.33 support zone, which was highlighted in the previous analysis. After bouncing from this level, the price surged toward the $0.46–$0.47 resistance area, where it faced temporary rejection.
🔍 Current Setup:
✅ Breakout from key accumulation zone (green box)
📊 Market Cap: ~$416M
📈 24H Volume: ~$1B (High interest and liquidity)
🔄 Immediate Price Action:
Short-term rejection at $0.46–$0.47
Expecting healthy consolidation around $0.38–$0.40
Holding above $0.31–$0.33 keeps the bullish structure intact
🚀 Upside Potential:
Resistance Levels to Watch:
$0.47 (Short-term barrier)
$0.57–$0.71 (Next leg up)
$1.00+ (Mid-term bullish target if momentum continues)
🎯 Trade Setup:
Entry Zone: $0.38–$0.42 (on consolidation dip)
Target 1: $0.47
Target 2: $0.57
Target 3: $0.71
Mid-Term Target: $1.00
Stop-Loss: Below $0.31 (invalidates bullish structure)
📌 Strategy: Look for confirmation of consolidation near $0.38–$0.40 and wait for bullish reversal patterns or volume spikes. A clean break above $0.47 could trigger the next rally leg.
#PNUTProtocol #MarketAnalysis #CryptoNews #MarketUpdate #trading