CandleFocus

Peanut (PNUT) Price Prediction for This Week

Summary: Peanut is a memecoin that was created after a famous squirrel was euthanized in New York, causing outrage on the Internet. It has experienced a significant increase in price, rising by 1,800% since its recent lows. However, the RSI suggests caution as it may be overbought at the moment. The buy volume has increased since being listed on Binance, indicating the potential for further growth. Key support and resistance levels are noted as $1.5, $0.86 and $1.6, $2.1 respectively. It is important to note that Peanut has no actual use case.

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