PNUT – Technical analysis and prediction as of May 11, 2025.
Technical evaluation and outlook for PNUT.
As of May 11, 2025, the PNUT token shows a bearish trend in the short term.
Currently, its price stands at $0.408554, with an intraday range between $0.328484 and $0.461893.
Technical analysis reveals that PNUT has lost key support at $0.55, which could lead to a drop towards the $0.36 zone if it does not recover soon.
The RSI is at levels close to 36, indicating oversold conditions and a possible correction upwards in the short term.
However, bearish pressure persists, and the 20, 50, 100, and 200-day exponential moving averages (EMAs) are pointing downwards, reinforcing the negative trend.
In summary, PNUT faces significant technical challenges.
It is advisable to closely monitor support and resistance levels, as well as the overall conditions of the cryptocurrency market.