Peanut The Squirrel Price Prediction: PNUT Plummets 17% As This Meme Coin Rival’s Presale Charges Toward $5 Million
The Peanut The Squirrel price plummeted over 17% in the last 24 hours to trade at $1.33 as of 11:19 p.m. EST as traders dump their holdings in the meme coin on the market. With this latest drop, the PNUT price has shoved its weekly performance deeper into the red zone. The meme coin is subsequently down more than 33% on the longer-term time frame. Peanut The Squirrel Price Clinging To A Key Support 4-hour chart for PNUT/USD (Source: GeckoTerminal ) The Peanut The Squirrel price is testing the key support at $1.2697, according to data from GeckoTerminal . Dropping below this technical safety net in the coming 12 hours could lead to a plunge to the subsequent mark all the way down at $0.8822. However, PNUT closing the next 2 4-hour candles above $1.2697 might invalidate the bearish thesis. In a more bullish scenario, the Peanut The Squirrel price might rebound from the current support and attempt a challenge at the $1.6417 resistance level. If the meme coin manages to break above