Peanut The Squirrel price continued its downward trend, losing 17% in the last 24 hours.
Peanut The Squirrel: Key Support at Risk
Peanut The Squirrel price is approaching a key support level at $1.2697. A break below this level could see it fall to $0.8822. However, holding above this level for the next 8 hours might stabilize the market.
Technical Analysis: Bearish Signals for Peanut The Squirrel
Technical indicators such as the MACD and RSI indicate weakness for Peanut The Squirrel. The RSI has fallen from the mid-50s to the mid-30s, signaling decreasing buying power. The MACD line is also below the signal line, suggesting ongoing seller pressure.
Interest in Competing Meme Coins
As Peanut The Squirrel experiences a downturn, investors shift focus to competing meme coins like Crypto All-Stars. This project offers a unique opportunity to earn STARS tokens through its MemeVault platform.
Peanut The Squirrel price is under pressure with technical indicators pointing to potential further decline. Investors are exploring other offerings in the meme coin space.
