$PNUT
As of May 13, 2025, Peanut the Squirrel (PNUT) is trading at approximately $0.4375, reflecting a 13.1% increase over the previous close. The intraday range spans from a low of $0.3672 to a high of $0.4792, indicating heightened volatility.
📊 Technical Overview
Current Price: $0.4375
24h Change: +13.1%
Intraday Range: $0.3672 – $0.4792
PNUT has demonstrated significant upward momentum, suggesting strong buying interest. The recent price action indicates a potential bullish trend, but the volatility warrants cautious trading.
🎯 Target Levels
Immediate Resistance: $0.4800
Short-Term Target: $0.5000
Support Level: $0.3672
If PNUT maintains its current momentum and breaks through the immediate resistance at $0.4800, it could test the short-term target of $0.5000. Conversely, a drop below the support level at $0.3672 may indicate a potential trend reversal.
⚠️ Risk Factors
Volatility: The significant price swings suggest high volatility, which can lead to rapid gains or losses.
Market Sentiment: As with many cryptocurrencies, PNUT's price is influenced by broader market trends and investor sentiment.
✅ Strategy Suggestion
Traders considering entry should monitor the $0.4800 resistance level. A confirmed breakout above this level could present a buying opportunity, targeting the $0.5000 mark. However, it's essential to set stop-loss orders to manage potential downside risks, especially given the current volatility.
*Note: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.*