Peanut the Squirrel $PNUT ๐Ÿฟ๏ธ๐Ÿฟ๏ธ

#Peanut the Squirrel (PNUT) is showing promising technical signals despite a recent 3.9% dip in the last 24 hours. Currently priced at $0.2474, the token is trading within a horizontal channel โ€” a classic pattern indicating market consolidation.

๐Ÿ“Š Key Price Predictions:

๐Ÿ”น Bullish 2025 Target: $0.4794 โ€“ $1.0203

๐Ÿ”น Bearish 2025 Target: $0.0560

๐Ÿ”น Long-Term Forecast (2030): PNUT might aim for the $5 mark if momentum sustains.

๐Ÿ” Technical Breakdown:

All-Time High: $2.47 (Nov 14, 2024)

All-Time Low: $0.03396 (Nov 5, 2024)

Support Zones: $0.1475, $0.0560

Resistance Zones: $0.4794, $1.0203

๐Ÿ“ˆ Indicators Say:

50-Day MA: $0.1800 โ†’ Price is above 50MA โ†’ Uptrend

RSI: 79.98 โ†’ Overbought (Be cautious of potential pullback)

Relative Volume: Below average โ†’ Weak buyer strength for now

๐Ÿšจ What to Watch:

If PNUT maintains its range within the channel, it could revisit $0.4240 and even test $1.5095. However, a breakdown could send it towards $0.2280 or lower.

๐Ÿง  Strategy Tip: Monitor RSI and volume closely. Overbought signals suggest the asset may need cooling off before another rally.

๐Ÿ“Œ Final Thought: PNUT is consolidating โ€” which often signals a big move coming. Stay alert for a breakout or breakdown confirmation.

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