$PNUT Analysis of PNUT (Peanut Token) – December 2, 2024

**Market Sentiment:** Bullish

PNUT is showing signs of resilience today, with trading volumes climbing steadily, indicating renewed interest among investors. The token has been consolidating near the $1.12 mark, supported by robust fundamentals and increasing utility in its DeFi ecosystem. Recent partnerships and updates in the project roadmap have further strengthened market confidence.

Technically, PNUT has breached key resistance at $1.10, signaling potential upward momentum. If bullish momentum sustains, the next target lies at $1.15, with a mid-term aim of $1.20. Caution is advised, as any dip below $1.10 could invalidate the bullish setup.

**Target Price:** $1.15

**Buy Price:** $1.11 - $1.12

**Current Price:** $1.1293

PNUT appears poised for growth, making it an attractive buy for both short- and long-term investors. Always consider market volatility and adjust risk accordingly.$PNUT