🥜 $PNUT /USDT – Is the Squirrel Awakening?

After finding a floor around $0.20, price is showing signs of recovery. The moving averages are compressing—setting the stage for a potential breakout.

📊 Current Technicals:

Price: $0.2122

MA7: $0.2051 (short-term support)

MA25: $0.2069 (recently reclaimed)

MA99: $0.2190 (key resistance)

🎯 Upside Targets:

Target 1: $0.235

A close above MA99 should test this first resistance.

Target 2: $0.275

A zone that saw repeated tests during May’s rebound—buyers were active here.

Target 3: $0.315

Approaches prior swing highs and could trigger FOMO.

📉 Downside Supports:

$0.2050 — MA7 support

$0.1900 — March–April floor area

🧠 Key Notes:

MAs are squeezing—watch for the breakout direction.

Failure to clear $0.2190 keeps bears in control.

Without volume pickup, price could slip back below $0.20.

🔥 Summary:

PNUT may have bottomed out and is building momentum. A decisive break above MA99 (~$0.219) paves the way for the listed targets; otherwise, look for a return to the recent trading band.

⚠️ DYOR – This isn’t financial advice. Crypto markets can be volatile; always trade responsibly.