After a 207% rally earlier this month, PNUT Coin is showing signs of another breakout move. The token spent the past several days consolidating within a symmetrical triangle formation. This is a classic pattern that often precedes a breakout. With the price action becoming tight, traders and investors are watching closely for the next move.
Currently trading around $0.32, the Peanut the Squirrel Coin has been holding strong support within the $0.28–$0.32 range. According to a chart from @core_crypto1, this zone has acted as a base for the consolidation phase.
It suggests that market participants are accumulating ahead of a potential breakout. The symmetrical triangle structure, visible on the 4-hour chart, indicates a neutral setup. Yet, the bullish momentum from the previous move suggests the path of least resistance may be to the upside.
Multiple PNUT Price Targets Come into Play
The last breakout saw the PNUT price increase by over 200%. It moved from approximately $0.10 to $0.31 in just a few days. This rise set the stage for the current consolidation, giving traders a textbook pattern to work with. As long as PNUT remains above the $0.28 support level, bulls are likely to stay in control.
From a technical perspective, the triangle’s resolution could bring a powerful move. There are multiple upside targets in play. Should the PNUT Coin break above the upper trendline, initial resistance lies at $0.39. This is followed by key psychological and technical levels at $0.46, $0.55, and $0.72. Each of these price points represents both Fibonacci extensions and historical confluence zones.
READ MORE: POPCAT Coin Eyes $1B Cap Amid 400% Rally, $1.4M Whale Inflow
Momentum indicators such as the RSI and MACD remain neutral to slightly bullish. This gives room for continuation should volume increase. The consolidation period has allowed the market to reset overbought conditions.
Improving Altcoin Sentiment
What is leading the anticipation around PNUT isn’t just technicals. The sentiment in micro-cap altcoins is improving. Peanut the Squirrel (PNUT) has already proven it can deliver high moves when market interest aligns. Traders are also pointing to renewed attention on low-cap gems. Especially those forming high-conviction patterns like this one.
The risk, of course, lies in a breakdown below the $0.28 level. It would invalidate the bullish thesis and open the door for retracement. However, with the current structure holding firm, bulls appear ready to defend key levels.
In summary, the PNUT token is approaching a crucial moment. The symmetrical triangle pattern is nearing its high. All eyes are on whether it will result in a breakout or a breakdown. If history repeats, PNUT price could be preparing for another triple-digit run. For now, the setup remains one of the most closely watched in the micro-cap altcoin sector.
While PNUT’s current chart setup has captured the attention of technical traders, another corner of the market is quietly heating up—presale-stage meme coins. These projects often deliver attractive returns, especially when they align strong narratives with tight communities and viral appeal. With the market showing renewed interest in low-cap assets and high-risk, high-reward opportunities, some presale gems are positioning themselves as potential outperformers, even against tokens like Peanut the Squirrel.
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Bitcoin Pepe (BPEP) Launching May 31
Bitcoin Pepe’s launch on May 31 is set to shake up the crypto space. It’s not just a meme coin like so many others—it’s the very first meme ICO to be built directly onto Bitcoin’s blockchain. With a presale amount exceeding $11.4 million, Bitcoin Pepe is racing toward a full sell-out. The countdown to its Tier 1 exchange listing in 3 days’ time is heating up fast.
What distinguishes Bitcoin Pepe? It includes the new PEP-20 token standard. This is similar to Ethereum’s ERC-20, but created specifically for Bitcoin. This allows creators to launch tokens, NFTs, and DeFi projects directly on Bitcoin for the first time. It’s similar to “Solana on Bitcoin,” utilizing Bitcoin’s security while offering fast, inexpensive transactions.
The project has previously established partnerships with more than 10 leading ecosystems. Some of them are gaming giant Crypto Hunters and DeFi platform Plena Finance. All of these partnerships hold the promise of actual use cases and a large community willing to propel BPEP’s growth. Within 24 hours, the presale raised $1 million and closed half a dozen deals. This is a testament to huge demand and robust investor faith.
Rumors are circulating regarding the listing of BPEP on leading exchanges, such as ByBit and OKX, immediately after the presale concludes at 2 PM UTC on May 31. It would cause BPEP’s price to shoot up with the influx of retail traders. Early investors still receive tokens at the presale rate of about $0.0377. It is a unique opportunity before open market trading starts.
Bitcoin Pepe unleashes nearly $2 trillion in dormant Bitcoin liquidity. It accomplishes this by turning BTC into a meme-driven asset class that can be traded. The native token will support an emerging meme economy, decentralized finance (DeFi) services, and gaming within the blockchain. As staking pools are fully booked and Bitcoin reaches record highs, BPEP is set for a surge.
This release isn’t merely excitement. Bitcoin Pepe has the potential to transform our use of Bitcoin and open up a new era for meme coins. For those seeking the next major opportunity in crypto, mark May 31 on your calendar.
