🚨🚨$PNUT technical analysis and future price prediction 🚀🚀
$PNUT is currently trading at approximately $0.76, reflecting a recent increase of about 10.84%.
Technical Analysis:
Recent analyses indicate that PNUT has experienced significant volatility, with sharp declines followed by strong recoveries. The price has stabilized around $1.2850, showing signs of consolidation above the 200-period Simple Moving Average (SMA) at $1.1131, suggesting a potential shift toward bullish market sentiment if the price can maintain above this moving average.
Future Price Predictions:
2024: Analysts predict that PNUT could reach approximately $1.39 by December 2024.
2025: Forecasts suggest a potential increase to around $1.63 by December 2025.
2030: Long-term projections estimate that PNUT may rise to approximately $4.73 by December 2030.