EddieJayonCrypto

 21 Nov 24

tl;dr

Peanut the Squirrel (PNUT) has dropped 30% to $1.36 but has potential for recovery as Weighted Sentiment hits a historic low. The RSI on the 1-hour chart is rising, indicating improving bullish momentum that could drive PNUT above its current value. If bulls hold $1.31 support, PNUT could rally to $...

Peanut the Squirrel (PNUT) drops 30% to $1.36 but shows recovery potential as Weighted Sentiment hits a historic low. The RSI on the 1-hour chart is rising, signaling improving bullish momentum that could drive PNUT above its current value. If bulls hold $1.31 support, PNUT could rally to $1.64 or even $1.94; increased selling pressure risks a decline to $1.26.

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 20 Dec 24
 20 Dec 24
 20 Dec 24