#PNUT Price Prediction: A Return to All-Time Highs
The SuperTrend and Aroon indicators of $PNUT show that buying pressure is increasing, so there is a possibility that the meme token can continue its strong upward momentum. According to the Fibonacci retracement levels, if the current upward trend continues, the next target price of $PNUT may touch the all-time high of $2.49. The continuous buying momentum has the potential to push the price above this high.
However, if the market starts to see profit-taking, the price of #PNUT may pull back and fall to around $1.55. If this support fails to hold, further support will be at the green line of the SuperTrend indicator at $1.29.