$PNUT The RSI value is at 45.78. This indicates that the market has not yet entered overbought or oversold territory, but the momentum is neutral.
The MACD histogram is positive and the MACD line is moving upward. This may confirm that the uptrend has begun.
Volume: The increase in trading volume in the last candles is noteworthy. This indicates that the price action is strongly supported.
Stochastic RSI is in the overbought zone (89.80 and 94.80). This could be a signal that a short-term correction is coming.
The price is in an uptrend but the Bollinger upper band (0.7704) may act as resistance.
Additionally, since the Stochastic RSI is overbought, a correction may occur in the short term. If the price breaks this resistance, the rise may continue. For support levels, 0.6767 (mid band) and 0.5868 levels can be watched. IT IS NOT INVESTMENT ADVICE.#PNUT #MajorAirdropWatch #MemecoinWars #MarketPullback #dogecoin