The market is having a lot of speculations about the listing of#PNUT at Coinbase, are you following along? We already know that Coinbase supports several projects on Solana, which opens up space for future integrations, especially for tokens that demonstrate strong volume and engagement, such as PNUT.
See the#PNUTfor REAL ESTATE list on#coibase this could further increase its visibility and liquidity, given the exchange’s global reach. For investors, a listing like this is often seen as a mark of legitimacy and a catalyst for upward price movements.
📌So if the listing actually occurs, this could be a great long-term investment!!!
#PNUT is a meme coin inspired by a pet squirrel that was euthanized by the New York Department of Environmental Conservation (DEC) due to rabies concerns. It has an engaged community and appears to be evolving into something more solid. The coin has recently attracted attention with a significant price increase, driven by buying pressure indicated by technical indicators such as Super Trend and Aroon. This has led to speculation about its potential to reach new highs, with projections pointing to targets as high as $2.49, provided the market continues its upward trend. And one caveat is that at its launch, it reached 1.8 billion trades, SURREAL.
👉🏽 The project behind PNUT also raises interesting questions. It has explored niches that include gamification, staking, and rewards to engage the community and offer more than just a speculative asset. The idea is that, with a solid foundation of utility and innovation, it can transcend the “memecoin” category and consolidate itself in the market. SO BE IT!
———— MY ANALYSIS:
👉🏽FOR THIS WEEK: On the weekly chart, the MACD is showing increasing bars in the positive area, indicating a possible bullish crossover in formation.
Those who have already entered the adjustment are well positioned. If a correction occurs, it is worth entering the purchase again, because if it seeks a new breakout, we will no longer lose and in the long term the return will be significant.
👉🏽 The RSI is signaling that buying strength has started to equal selling strength, but without immediate overbought or oversold. A positive sign, so we can rest assured.
👉🏽 Daily volume indicates GREAT interest in the asset, generating greater volatility until a new breakout.
Write it down:
Initial input: 0.4988
Resistance: $0.8632 - BREAKING just adjust the dynamic stop and let it go. What if it falls? We buy more at the support point.
Support: $0.5679 - LOSING our support we have another strong point at $0.4667
For new entries, strong support: $0.4667
Follow: #thaitraderoficial and like for more reviews and articles
Pra cima 🚀👊🏽 $PNUT #SOLANO #BinanceAlphaAert