MARKET UPDATE: PNUT/USDT Soars 239.64%
PNUT, a Meme token, surged 239.64% in 24 hours to $0.3556.
Key Metrics:
- 24h High: $0.4800
- 24h Low: $0.1047
- MA(7): $0.3600
- MA(25): $0.3910
- 24h Vol: 490.78M PNUT, 201.88M USDT
Technical Analysis:
PNUT's price breaks above $0.3600 resistance, indicating strong bullish momentum.
Market Sentiment:
Meme token frenzy and PNUT's explosive growth fuel unprecedented optimism.
Support Levels: $0.3280, $0.3211
Resistance Levels: $0.4800, $0.4710
Notable Developments:
- PNUT's meme community expansion
- Sector-wide meme token surge
- Market volatility
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Additional Insights:
- High trading volume indicates robust market interest
- PNUT's potential for further upside
Stay updated on PNUT's performance.
Trading Recommendations:
- Buy: $0.3556-$0.4800
- Target: $0.4710-$0.6000
- Stop-loss: $0.3280
Disclaimer: This is not investment advice. Trade responsibly.
PNUT's Chart Patterns:
- Parabolic uptrend
- RSI (14) at 83.42, indicating overbought conditions
- MACD (12, 26) crossover suggests bullish signal
Long-term outlook: PNUT's explosive growth may indicate a potential breakout. Monitor $1.000 resistance.
Risk management: Set stop-loss at $0.3280.