Peanut the Squirrel (PNUT) is currently priced at $0.419057, reflecting a 2.04% decrease over the past 24 hours. The daily trading range shows minimal volatility, with a high of $0.478626 and a low of $0.419086, indicating a constrained price movement within a narrow band.

The trading volume stands at 712,776,076, which is notably high at 166.53% of the market cap, suggesting strong market interest. However, the hourly moving averages indicate a bearish sentiment, with the 8 SMA at $0.4314 down 2.87%, and the 21 SMA at $0.4371 down 4.13%, signaling potential continued weakness in the short term.

The 1-hour RSI of 35 indicates that PNUT is approaching oversold conditions, while the 7-day RSI of 59 reflects a moderately bullish sentiment over a longer timeframe. Nevertheless, the recent price changes over 7, 14, and 30 days have been significantly positive, at 170.37%, 133.19%, and 214.02%, respectively, indicating a strong upward trend historically.

Despite the recent pullback, the price remains significantly below its all-time high of $2.44, reached on November 14, 2024. This suggests that there is substantial room for recovery and growth potential if market conditions improve.

Given the current bearish signals in the short term but strong longer-term upward momentum, a cautious stance is advisable. Therefore, the rating for PNUT is Hold, as it may be prudent to wait for clearer bullish signals before making any further investment decisions.