📈 Analysis and forecast for $PNUT : what's next? 🚀
As of June 3, 2025, 22:33 EEST, the exchange rate of $PNUT on Binance is $0.2877, with a 14% increase in the last 24 hours (according to market data). The trading volume for the day is $225.5M (according to market data), and the market capitalization is around $287.6M with a circulating supply of 999.85M tokens. The increase is related to the excitement surrounding meme coins on Solana and speculation about project development (X).
Technically $PNUT demonstrates a bullish trend. On the 4-hour chart, the price is forming a symmetrical triangle (X), indicating consolidation before a potential breakout. RSI (70.0) signals overbought conditions. Resistance is at $0.3100, support is at $0.2700. A breakout above $0.3100 could push the price to $0.3700, while a drop below $0.2700 would strengthen the correction to $0.2416 (X).
Forecast: by the end of June, PNUT could reach $0.60 with a breakout from the triangle (X). By the end of 2025, a rise to $0.78 (average estimate) is possible if meme coins remain in trend. The long-term target for 2026 is $7.00+, provided the Solana ecosystem grows. However, overbought conditions and a decline in interest in meme coins pose risks.
Further prospects? The price of $0.2877 is close to resistance at $0.3100. A 14% increase in one day is a strong signal, but take profits at $0.3700. Set a stop-loss at $0.2700. Traders are waiting for a test of $0.3100, advising to watch the volumes. Given the volatility of meme coins, trade cautiously! #PNUT #Binance #CryptoAnalysis