A technical trader’s perspective | Why is it so hard for meme coins to break a $50,000 market cap? This market is draining retail investors’ funds.
Long and short positions should be confirmed by the closing price; intraday swings don’t count. You can look back at how the market moved when similar news came out before.
$PNUT is currently at 0.043, with an intraday range of 0.0408–0.0441.