Are you curious about the recent Peanut the Squirrel token (PNUT) price trend? This analysis breaks down the latest price swings and momentum shifts to help you understand what’s really going on. PNUT saw an impressive move up to $0.42 before sellers pushed it right back near a crucial support. If you’re thinking of trading or just want a clear view of the current trend, you’ll find everything you need here, from support levels to MACD and RSI signals.
PNUT Price Analysis of 10th May, 2025
The PNUT price action over the last 24 hours shows a continuation of bullish momentum early on, following the prior day’s uptrend. From 09:00 to 12:00 UTC, the price moved sideways around $0.2880, forming a narrow consolidation just above the support zone. MACD remained flat, while RSI hovered around mid-levels. A PNUT breakout occurred at 13:35 UTC, pushing price firmly above the $0.2880 support level. This initial surge was not driven by a major RSI spike or MACD signal, implying a price-led move. However, price remained supported in a tight sideways path through 15:00 UTC as traders awaited further momentum confirmation.
Chart 1- PNUT/USDT M5 Chart, Analyzed by Alokkp0608, published on May 10th, 2025.
From 15:00 to 18:00 UTC, PNUT entered a gradual uptrend channel and built momentum. The MACD showed a golden cross around 16:45 UTC, confirming bullish intent, while RSI climbed steadily, nearing overbought levels. This helped lift the PNUT price from $0.3060 to around $0.3450. The uptrend intensified heading into 18:00–21:00 UTC. By 20:45 UTC, a strong surge broke past the $0.3800 barrier, and RSI entered overbought territory, peaking around 76. MACD also rose strongly above the signal line, reinforcing the breakout conviction. The price spiked to a high of $0.4246 before facing rejection near the $0.4050 resistance level.
Failed PNUT Breakout Above Resistance, Shift into Sideways Movement
Between 21:00 UTC and 00:00 UTC, Peanut the Squirrel token struggled to sustain gains above the $0.4050 resistance. After briefly consolidating above this level, sellers regained control. The RSI sharply dropped out of the overbought zone, signaling exhaustion. Meanwhile, MACD showed a death cross around 23:00 UTC, confirming weakening momentum. Price fell to $0.3650 before stabilizing in a sideways range between $0.3600 and $0.3850. This range-trading phase marked a neutral shift after an intense rally and suggested short-term indecision among market participants awaiting clearer signals.
During the next session from 00:00 to 03:00 UTC, the Peanut the Squirrel token broke down from the prior range. A rapid decline pulled it to $0.3382 by 01:15 UTC, followed by mild support forming near $0.3400. RSI briefly dipped into oversold territory before recovering, indicating possible early bargain buying. MACD printed a golden cross again around 02:30 UTC, hinting at a possible short-term rebound. However, follow-through buying was weak, and price remained capped under $0.3500. This period showed a fading bounce attempt without enough strength to re-enter the earlier trading range.
Persistent Weakness Near Support as Sellers Return
From 03:00 to 06:00 UTC and again from 06:00 to 09:00 UTC, the PNUT price largely moved sideways between $0.3396 and $0.3470. Attempts to reclaim momentum failed as MACD crossed bearishly once more near 08:45 UTC. RSI stayed in the lower neutral zone, not showing recovery strength. Weak consolidation continued into the last visible 3-hour window ending around 11:30 UTC, where the price hovered near $0.3344. This marks a nearly full retracement of the earlier rally, placing PNUT back near its former breakout zone around $0.3300, with signs of seller dominance returning.
Bearish Reversal Puts Pressure Back Near Key Support
PNUT price appears to have completed a full bullish cycle followed by a breakdown and reversion toward support. The short-term trend has turned bearish, with fading momentum after the failed breakout above $0.4050. RSI has dropped from overbought to near oversold zones, currently showing weak recovery. MACD’s repeated bearish cross confirms sellers are gaining control. If price falls below $0.3300, the next support lies near $0.3100. On the upside, recovery must first clear $0.3500, followed by $0.3840 to rebuild bullish momentum. Overall outlook is tilted bearish unless key support holds and MACD regains a bullish crossover.
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