Peanut Coin (PNUT) Price Analysis – May 15, 2025
Peanut Coin recently saw strong upward momentum during the meme coin wave and is now consolidating in a well-defined range between $0.32 and $0.48. The coin has reclaimed an important resistance and continues to hold key levels, despite short-term pullbacks.
Market Overview:
Market Cap: ~$389 million
24h Volume: ~$465 million
Listed On: Major exchanges including Coinbase
Technical Overview (2-Day Chart):
RSI is highly overbought – suggesting the need for a cool-off.
Price has been rejected twice at $0.48, making it a strong resistance zone.
Current consolidation range: $0.32 to $0.47 – a 40–50% range offering good trading opportunities.
Entry Strategy:
Spot Buyers: Consider entries around $0.32–$0.33, with stop-loss below $0.31.
Futures/Leverage Traders:
Buy near support ($0.32–$0.33) with tight SL below $0.3150.
Sell/Take profit near $0.41 to $0.44.
Targets:
Short-Term Upside Targets: $0.41, $0.44, and $0.46–$0.48 (major resistance).
Mid-Term Target: Break above $0.48 could signal continuation to new highs.
Stop Loss:
Spot and futures traders should set stop-loss around $0.31 to manage downside risk.
Alternative Approach:
If uncomfortable with current volatility, it's safer to exit positions and wait for a fresh dip around $0.32 to re-enter for the next leg up.
Conclusion: Peanut Coin is in a healthy consolidation phase within a tradable range. Whether holding spot or using leverage, disciplined risk management is key. Watch for a breakout above $0.48 for strong bullish continuation.