Peanut the Squirrel ($PNUT ) Market Update
Peanut the Squirrel (PNUT) is currently trading at $0.7423, reflecting a 22.64% increase from the previous close.
Market Overview:
24-Hour Trading Volume: Around $14 million, signaling active participation.
Market Capitalization: Approximately $100 million.
Recent Developments:
A $57K long position was liquidated at $0.737, underscoring the current volatility in the market.
Next Steps:
Support Level: $PNUT is testing the $0.6016 support zone. A hold above this level could signal a potential rebound.
Resistance Level: A break above $0.7798 may lead to further gains, with the next resistance near $0.80.
Pro Tip: Stay alert to PNUT’s price action as the market remains volatile. Implementing solid risk management strategies is key to navigating the current trends.
#BTCNextMove #USUALAnalysis #GrayscaleSUITrust #FranklinCryptoETF
