The market is having a lot of speculation about the listing of the #PNUT on Coinbase, are you keeping up? We already know that Coinbase supports several projects on Solana, which opens the door for future integrations, especially for tokens that show strong volume and engagement, like PNUT.
If #PNUT is REALLY listed on the #Coinbase, this could further increase its visibility and liquidity, given the global reach of the exchange. For investors, a listing like this is generally seen as a milestone of legitimacy and a catalyst for upward price movements.
📌So, if the listing indeed occurs, this could be a great long-term investment!!!
#PNUT is a meme coin inspired by a pet squirrel, which was sacrificed by the New York Department of Environmental Conservation (DEC) due to rabies concerns. It has an engaged community and seems to be evolving into something more solid. Recently, the coin attracted attention with a significant increase in prices, driven by buying pressure indicated by technical indicators like Super Trend and Aroon. This generated speculation about its potential to reach new highs, with projections pointing to targets like $2.49, as long as the market continues with upward trends. And as a note at its launch, it reached 1.8 billion trades, SURREAL.
👉🏽 The project behind PNUT also raises interesting questions. It has been exploring niches that include gamification, staking, and rewards to engage the community and offer more than just a speculative asset. The idea is that, with a solid foundation of utility and innovation, it can transcend the “memecoin” category and establish itself in the market. MAY IT BE SO!
———— MY ANALYSIS:
👉🏽FOR THIS WEEK: On the weekly chart, the MACD is showing increasing bars in the positive area, indicating a possible bullish crossover in formation.
Those who have already entered the adjustment are well positioned. If a correction occurs, it is worth a new entry for purchase because if it seeks a new breakout, we will not lose more, and in the long term, the return will be significant.
👉🏽 The RSI is signaling that buying strength has started to match selling strength, but without immediate overbought or oversold conditions. A positive sign, to keep us calm.
👉🏽 Daily volume indicates GREAT interest in the asset, generating greater volatility until a new breakout.
DAYTRADE COMPLETED IN JANUARY 2025
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Upward 🚀👊🏽 $PNUT #SOLANO #BinanceAlphaAert
