Squirrel PNUT is currently rallying, can it return to $2.5?
PNUT started rebounding from the price of $1.14 and surged by 18.9% in just two hours.
Can it surge to $2.5 like it did on the 13th and 14th of this month?
From the current situation, PNUT still has topics and popularity, and everyone is hoping it can rebound after hitting the bottom.
However, it has been declining for a while, and it seems like there is no bottom in sight, so there are likely many people stuck in it right now.
Personally, I think it's better not to blindly chase the highs at this moment.
Unlike the surge to $2.5 on the 13th and 14th of this month, when Musk was backing it and instantly raised the heat and hype.
But looking at it now, there doesn't seem to be any related news, and it is quietly rallying.
It can be observed for a bit longer; if it can hover around $1.35 and no longer drop, then it can be followed up, indicating that it still has room for further increases ...
