Forecast $PNUT : The rally begins
As of the time of writing this analysis, PNUT is trading at $1.33. Over the past 24 hours, the memecoin has fallen by almost 18%, and over a week - by more than 36%.
In parallel with the price decline, the token trading volume is growing. Both buyers and sellers are still actively participating in transactions.
Now, thanks to the support of the bulls, PNUT has managed to rise slightly above the important support at $1.31. If the meme token has enough strength to consolidate above this level, then in the short term it will have a chance to soar to $1.64. In the most optimistic scenario, the cryptocurrency will rise in price to $1.94.
