The price of PNUT, one of the top 10 meme coins in the market, is gaining attention due to its bullish momentum. The ADX indicator is rising and the RSI is approaching overbought levels, suggesting room for continued growth. If the uptrend strengthens, PNUT could potentially challenge POPCAT's position in the rankings and reach $1.87 or even $2.50. However, a loss of momentum could lead to significant corrections, with support levels as low as $0.41. The current ADX and RSI levels indicate improving trend strength and strengthening bullish momentum. If buying pressure persists, PNUT price could extend its rally before hitting resistance. Overall, PNUT is showing signs of a strengthening uptrend, but there are potential risks of a reversal.



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