$PNUT /USDT Analysis: Will the Peanut Crack Higher?

Current price: $0.7619 (+21.94%)

$PNUT is stealing the spotlight in the meme coin world today, surging with impressive momentum. Here's why it's catching traders' attention:

Daily Range: $0.5989 - $0.7847

Volume Surge: 24h PNUT volume hits 356.93M, with $248.92M traded in USDT.

Trend Watch (15m Chart):

Resistance: $0.7847 (24h high), $0.8000 (next breakout zone).

Support: $0.7400 and $0.7200 holding steady.

Momentum: A steady climb of +1.59% in the last 15 minutes suggests bullish pressure building.

Targets:

Bullish: Break above $0.8000 could ignite a rally towards $0.8500.

Bearish: If support at $0.7400 fails, expect a retest near $0.7000.

With its meme appeal and volume explosion, PNUT could turn into a breakout star. Keep an eye on the charts!

Would you go long or wait for a dip? Let’s discuss the next move.

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