$PNUT
Based on the current chart:
Analysis of the situation:
1. Current price: 1.4770, with a moderate daily decline (-13.9%).
2. Mobile media (MA):
• MA(7): 1.4722 – The price is above, which suggests a short-term recovery attempt.
• MA(25): 1.4711 – Price is above, which may act as a temporary support.
• MA(99): 1.4563 – Breaking this resistance is a positive short-term signal.
3. Volumes: Volume appears steady, but not high enough to suggest a significant climb without further momentum.
4. Resistance Levels:
• 1.4836: Recently tested but not yet clearly broken.
• 1.50-1.55: Important psychological barrier before reaching 1.7.
Odds for 1.7 in the next 12 hours:
• Optimistic scenario:
• If the buying volume increases sharply and the price manages to overcome the resistances at 1.4836 and 1.50, there could be an accelerated move towards 1.7.
• Strong positive market sentiment or favorable news is needed.
• Realistic scenario:
• Without an increase in volume and without a clear break of the mentioned resistances, it is unlikely to touch 1.7 in the next 12 hours.
Conclusion:
Under current conditions, the odds of reaching 1.7 in the next 12 hours are slim. However, monitor volume and resistance levels for signs of positive momentum.