Recent Developments & Market Sentiment
Peanut the Squirrel (PNUT) is essentially a memecoin that runs on internet buzz and emotional storytelling rather than any real technological foundation. The token jumped more than 20% in early January 2026 after securing listings on big-name exchanges like Coinbase and Binance—though let’s be honest, that rally had everything to do with meme coin hype cycles and almost nothing to do with actual utility. During late December 2025, some whale wallets started loading up on PNUT while social media chatter exploded by over 200%, which tells you speculators were circling. But here’s where things get messy: Mark Longo, the original owner of the actual squirrel, slapped Binance with a cease-and-desist over intellectual property issues. He claims they’re using the PNUT brand and mascot without permission. That kind of legal drama is never great—when a project’s branding gets tangled up in disputes, it can seriously hurt community trust and kill the speculative energy. Still, for now at least, the crowd seems cautiously optimistic thanks to those exchange listings, the meme appeal, and some pretty wild volume spikes.
Technical Indicators & Short- to Medium-Term Forecast
Let’s dig into what PNUT’s charts are actually telling us based on recent 4-hour and daily timeframe data. Right now, the price is sitting around 0.09240531 USDT, up about 0.39% over the past 24 hours. Looking at 4-hour RSI, MACD, simple and exponential moving averages, plus daily pivot levels, we can sketch out some realistic scenarios for where this thing might head.
4-Hour Chart Summary:
• The RSI is hovering near 62.46, which is definitely on the bullish side but getting close to overbought territory. There’s still some room to run higher, but don’t be surprised if we see a pullback soon.
• The MACD line is sitting just below its signal line (MACD at −0.00438 versus signal at −0.00470), creating a tiny negative histogram. That’s basically saying bullish momentum is starting to fade a bit.
• The 4-hour SMA is around 0.08587, while the EMA is sitting higher at 0.08688. Since the price is well above both moving averages, it shows recent strength—but that gap also makes a correction more likely as the price could get pulled back toward those levels.
Daily Pivot & Support/Resistance Zones:
Here’s where the daily pivot points are lining up:
— Support 1 (S1): ~0.09107 USDT
— Support 2 (S2): ~0.08873 USDT
— Resistance 1 (R1): ~0.09657 USDT
— Resistance 2 (R2): ~0.09973 USDT
— Resistance 3 (R3): ~0.10207 USDT
The pivot point itself is around 0.09423 USDT.
Price Prediction Scenarios:
• Bullish scenario: If the bulls get fired up again—maybe from a viral tweet or some fresh exchange news—and we break cleanly above R1 at around 0.0966, then R2 near 0.0997 becomes a realistic near-term target. Push through R2 with conviction and we could even tag R3 at about 0.1020, though you’d need solid volume and positive vibes to make that stick.
• Sideways/neutral scenario: Price just chops around between the pivot level (~0.0942) and R1, maybe dipping back toward S1 (~0.0911) if things cool off and traders take profits.
• Bearish scenario: If S1 doesn’t hold up, we could easily slide down to S2 around 0.0887, or even S3 near 0.0856. Given how far price has stretched above those moving averages, we could see some sharp selling pressure if the buy-side interest dries up.
Intermediate-Term View: Weeks 2-8
Looking out over the next couple of months, PNUT’s trajectory really comes down to whether the meme narrative stays hot, how the broader memecoin market performs, and what happens with that pesky IP dispute. If we get fresh catalysts—think influencer shoutouts, new exchange listings, or big whale wallets doubling down—the token could realistically test the $0.12 zone, assuming those resistance levels get cleared and RSI stays elevated without completely overheating. On the other hand, if the hype fizzles out and there’s no real news to prop things up, we’re probably looking at a drift back toward the $0.08-0.09 range where price would consolidate around those SMA and EMA support levels. And with MACD already showing some negative divergence, any downward momentum could pick up steam pretty quickly.
Key Risks & Catalysts to Watch
With PNUT, you’re really trading sentiment and community vibes as much as you’re trading any chart pattern. The legal stuff with Longo and that IP claim is a real threat that could blow up in holders’ faces. Plus, there’s always regulatory risk hanging over memecoins in general—authorities could crack down at any moment. On the upside, keep an eye out for new exchange listings, any viral social media moments (a well-timed tweet from the right person could send this flying), or signs that bigger players are getting interested. Watching whale wallet movements, on-chain volume metrics, and the overall health of the memecoin sector will give you the best early warning signals for major moves in either direction.
