Peanut the Squirrel$PNUT Demand Is Growing

The 4-hour chart shows that demand for the memecoin continues to grow. At the time of writing, the cryptocurrency rate has exceeded the green line of the Super Trend, an indicator that determines the direction and strength of the trend.

This position means that the initiative is on the buyers' side. In addition, the green trend line also acts as strong support for the token. In the case of PNUT, this support is located at $1.29. Meanwhile, the Aroon Up line has reached 92.86%, which also confirms the optimistic forecast. This indicator also helps track the strength and direction of the trend.

The closer the Aroon Up values ​​​​to 100%, the stronger the bullish trend and the closer the cryptocurrency is to its historical maximum. Earlier today, just a few hours ago, PNUT actually set a new price record (ATH) at $ 2.49. $PROS $PEPE