#Pnut Peanut the Squirrel (PNUT) is currently trading at $0.4183, with a 27.48% increase in the last 24 hours. Here's a detailed technical analysis:

*Key Metrics:*

- *Current Price*: $0.4183

- *Market Cap*: $417.27 million

- *24-hour High*: $0.4183

- *24-hour Low*: $0.3212

- *Trading Volume (24h)*: $669.5 million

- *Circulating Supply*: 999.85 million PNUT

*Technical Indicators:*

The Relative Strength Index (RSI) and Stochastic %K are neutral, suggesting a stable market. Moving averages indicate a buy signal, while oscillators also suggest buying. The coin's price has increased by 31.5% in the last 24 hours and 169% in the past 7 days ¹ ².

*Trading Ideas:*

- *Long Position*: Consider buying PNUT with a target price above $0.45, given the current upward momentum.

- *Short Position*: Set a stop loss around $0.35 to limit potential losses if the price drops.

*Support and Resistance Levels:*

- *Support Level*: $0.3250 (24-hour low) could act as a strong support level.

- *Resistance Level*: $0.4602 (previous high) might pose a challenge to the current price.

*Price Predictions:*

Some analysts predict PNUT will continue its upward trend, with potential targets above $1. However, the market is highly volatile, and prices can fluctuate rapidly ².$PNUT