Latest Developments & Sentiment Drivers
The memecoin PNUT started as something pretty unusual—a tribute to Peanut the Squirrel, whose tragic death in October 2024 became a viral story that touched a nerve with a lot of people. What began as outrage over animal rights and government overreach quickly turned into a full-blown crypto phenomenon, with celebrities and social media rallying behind it.
Things got interesting recently when Mark Longo, Peanut’s actual owner, sent a cease-and-desist letter to Binance for using PNUT branding without his permission. He’s framing it as both an intellectual property fight and a battle to protect the authentic story behind the token—which, let’s be honest, is the whole reason people care about it in the first place.
Market-wise, PNUT has been all over the place. On January 27, 2026, some whale wallets started accumulating big positions, which usually means smart money thinks we’re near a bottom. Trading volume also spiked on Pump.fun, the Solana-based DEX, suggesting speculative interest is still alive. But there’s a dark side too—scammers and impersonators have been causing trust issues in the community, and that’s not going away anytime soon.
Technical Indicators & Short-to-Medium-Term Price Projections
Here are the key technical indicators as of now:
• 4H Relative Strength Index (RSI): ~38.8 — near the lower end of “neutral,” indicating the token is neither oversold nor overbought, but closer to selling pressure.
• 4H MACD: Negative, with MACD line below signal line and a small negative histogram, signaling continuing bearish momentum.
• 4H Moving Averages: SMA (~0.07008) and EMA (~0.06931) both above current price (~0.06599), implying downward resistance overhead.
• Daily Pivot Levels: Resistance zones around $0.06843 (R1) and $0.07077 (R2), pivot at ~$0.06577. Support likely near $0.06343 (S1) and $0.06077 (S2).
Combining recent news with indicators, here’s what the price could do in different scenarios:
Scenario A: Bearish Bias / Continued Downtrend
If selling pressure keeps up, we’re looking at a test of support around $0.0634 pretty quickly. If that breaks, the next floor is down at $0.0608. Without breaking back above those moving averages, PNUT could easily slide into the $0.058–0.056 zone. In this scenario, we’re talking about a 5%–15% drop from current levels.
Scenario B: Neutral–Bullish Bounce
Now, if those whales keep buying and memecoin season heats up again, PNUT might push through resistance near $0.0658. Breaking past $0.0684 could open the door to $0.0708, maybe even $0.072–$0.075 if everything lines up right and altcoins catch a broader rally. The catch? Those moving averages sitting just overhead are going to be tough to crack without some real catalyst to push through them.
Risk Factors & What to Watch Closely
Despite the emotional backstory, PNUT remains exposed to several systemic and idiosyncratic risks:
• Brand legitimacy & Intellectual Property: That cease-and-desist situation with Binance could get messy. Depending how it plays out, exchanges might pull support or marketing gets complicated. This is uncharted territory for memecoins.
• Regulation of memecoins: Tokens tied to viral stories, especially ones involving politics or celebrities, tend to catch the eye of regulators. If the project doesn’t clean up its transparency and governance, authorities might start asking uncomfortable questions about how it’s marketed and funded.
• Fade of Sentiment: Here’s the brutal truth about memecoins—they live and die by attention. PNUT started with an incredibly emotional story, but what happens when people move on? Without fresh catalysts like charity initiatives, real utility, or strategic partnerships, demand could dry up fast.
Price Prediction Ranges
Based on the combined weight of recent news, technicals, and sentiment, here are predicted ranges over the coming 1–4 weeks:
Base case: Price moves between ~$0.062 and ~$0.072, with possible oscillations around current pivot if resistance holds above EMA/SMA zone.
Optimistic case: If new social momentum arises (e.g., charity updates, influencer mentions, legal wins), breakout above $0.07 resistance could target $0.075–$0.078, possibly pushing toward $0.08 in a strong rally.
Pessimistic case: If whale holders exit or sentiment sours, break below ~$0.063 → $0.0608 could accelerate decline toward ~$0.056–$0.058.
Final Insight
PNUT is sitting at a crossroads right now. There are signs that smart money is accumulating and volume occasionally spikes, which gives hope for a bounce. But the technicals aren’t exactly screaming “bullish,” and there’s serious resistance overhead. For traders, buying near support with tight stop losses might offer decent risk-reward. For anyone thinking about holding longer term, the real question is whether this project can deliver something beyond the initial emotional punch—real utility, transparency, or a way to keep the story alive. Without that, PNUT risks slowly bleeding out or going nowhere. But catch the right wave of attention, and a run to $0.08 is definitely on the table.
