Peanut the Squirrel $PNUT has seen mixed price action recently, showing modest short-term gains (~2–3% daily) while longer timeframes remain in downtrend territory (30-90 day negative) — typical for meme coins right now. �
CoinMarketCap
🧠 Recent Market Drivers
Whale accumulation — Several large holders have increased PNUT positions, hinting at possible speculative interest. �
CoinMarketCap
Memecoin sector rebound — A broader meme coin rally lifted trading volumes and social activity. �
CoinMarketCap
Volatility risk remains high — PNUT’s price is sensitive to sentiment swings and low liquidity.
📉 Technical Signals – Mixed Bias
Some data suggests oversold conditions + short-term rebound potential (bullish momentum indicators). �
CoinMarketCap
Other technical scans classify the chart as weak/negative on moving averages (bearish signals in other feeds). �
Investing.com
📌 Key Risks
Highly speculative nature: PNUT remains a meme token without fundamental utility or development narrative. �
CoinMarketCap
Exchange visibility: Past delisting of certain pairs (e.g., Binance BRL) has reduced liquidity in some corridors. �
CoinMarketCap
Volatility: Meme coins can pump or dump quickly based on hype, news cycles, or whale trades.
📈 Key Levels to Watch
Support/Resistance & Price Structure (approximation from recent moves)
Support range: low-mid tier price levels held on dips
Resistance range: previous highs on breakout attempts
