PNUT/USDT: Current Market Analysis
Current Price (May 12, 2025): ~$0.4248 (based on recent posts on X, 20% up in last 24 hours).
Market Cap: ~$418M-$445M (varies by source).
24h Trading Volume: ~$251.95M on Binance, showing strong liquidity.
Recent Performance:
Bullish Signals: PNUT ne 6H timeframe pe falling wedge breakout dikhaya hai, jo 65% upside potential indicate karta hai (~$0.95 tak). Daily timeframe pe bhi retest zone ($0.40-$0.45) hold kar raha hai.
Bearish Risks: RSI overbought zone mein hai (~0.44 pe), aur volume dry-up dikh raha hai, jo distribution pattern suggest karta hai. Agar momentum nahi bana, toh correction $0.36-$0.37 tak possible hai.
Volatility: PNUT ka ATR (Average True Range) low hai (0.0282), lekin meme coins mein sudden pumps aur dumps common hain.
Sentiment on X: Mixed hai. Kuch traders bullish hain (targeting $0.95), jabki kuch bearish divergence aur correction ki warning de rahe hain.
