Recent Context & Market Sentiment
Right now, the meme token Peanut the Squirrel (PNUT/USDT) is sitting at around $0.04899, which shows a small 1.42% bump over the last day. It’s a modest gain, especially when you look at the bigger picture of market volatility and the fact that most people seem less excited about meme coins lately. The whole backstory with Peanut the pet squirrel still tugs at people’s heartstrings, but the numbers don’t lie—price forecasts are looking pretty cautious, with some analysts expecting a drop to roughly $0.04182 by early March 2026.
When you dig into the charts across different timeframes—especially the daily and 4-hour views—things are looking bearish. There’s some stubborn resistance hanging out around $0.0532–$0.0534 (where both the EMA and SMA are on the 4-hour chart), while support levels are scattered between $0.0438 and lower. The daily pivot points put the main pivot near $0.04833, with the first resistance at $0.05637 and supports dropping down to $0.04377 and even $0.03573.
Technical Indicators & Key Levels
- RSI (4h): Hovering around 39.13—just a hair above oversold territory at 30, but still showing pretty weak momentum on the upside. Without some fresh bullish news or catalysts, buyers probably won’t be able to push back against selling pressure.
- MACD (4h): The MACD line sits at −0.0020136, with the signal line at −0.0024456. There’s a tiny positive histogram that hints at a small bullish divergence, but overall the trend is still pointing down.
- Moving Averages (4h SMA & EMA): Both are hanging out in that ~$0.0532–$0.0534 range—way above where price is now. These are acting as ceiling resistance. Traders might want to watch for a crossover between the EMA and SMA as an early signal that things could be turning around.
Price Prediction Scenarios
Looking at how things are set up right now, there are basically two main paths PNUT could take, depending on market mood and what happens externally:
Bearish Base Case
If the bears keep control—maybe because the overall market is weak, meme coin excitement keeps fading, or regulators start causing problems—PNUT could easily slip down to its support zone around $0.042–$0.044. The daily pivot support at $0.04377 is the first real floor to watch. If momentum breaks through that level, we could see a test of the next support down at $0.0357. Based on what the RSI and MACD are telling us right now, this seems like the more likely scenario in the short to medium term.
Moderate Bullish Reversal Case
For any kind of meaningful recovery, price needs to break above that resistance zone near $0.0532–$0.0534 (where the 4-hour moving averages are), and ideally close some 4-hour candles above those levels with decent volume behind them. If that happens, we might see PNUT climb back up to $0.0564–$0.0606 (the R1 and R2 levels from daily pivots), with an optimistic target around $0.0629. That said, these levels will probably be tough to crack given the current sentiment and how the broader crypto market is behaving.
Looking further out—like 6 to 12 months—opinions are all over the place. Some forecasts suggest price could recover to $0.06–$0.08 if the project builds more utility or the community gets more engaged, while others think it’ll stay flat or keep dropping unless something new and exciting comes along.
Strategic Takeaways for Traders & Investors
If you’re trading short-term, keep a close eye on momentum around that $0.053 level—whether it breaks through or gets rejected there will tell you a lot. Make sure you’re managing your risk properly; setting stops below $0.042 could help you limit losses. For anyone thinking long-term, the reality is that meme narratives tend to fade over time, and without real adoption or actual utility being built, PNUT will probably have a hard time pushing past $0.08 in the next couple years unless the whole market gets really bullish.
Natural Conclusion
At the end of the day, PNUT is highly speculative—way more influenced by community vibes than by solid technical fundamentals. Without some new catalyst coming into play, the most realistic outcome is either bearish or sideways movement. Still, with resistance levels clearly defined and support getting weaker, any upward move would definitely be worth paying attention to—even if it might not last long.
