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$PNUT Can the squirrel pull back to 2.5 dollars?
Just now, PNUT started to rebound at 1.14, exploding by 18.9% in two hours, currently around 1.38. Can it continue to soar like on the 13th and 14th to reach 2.5 dollars?
From the current perspective, the topic and interest in PNUT are still there. Everyone is hoping it can rebound after hitting the bottom, but it has been continuously falling as if there is no bottom. I believe there are quite a few people currently stuck in it?
Personally, I think it’s still best not to blindly chase high prices. Unlike the surge to 2.5 dollars on the 13th and 14th of this month, when Musk was behind it supporting and cheering, the interest and hype were at their peak. However, currently, there seems to be no news, as if it is quietly pulling up.
Give it some time. If it hovers around 1.35 without dipping further, then it can be continued to follow, showing potential for further increase. Well, the above is just my personal opinion. Recently, I have also been laying low on other spot trades, and I can share my wave strategies for free!