From Crunch to Crash $PNUT Faces a Steep Reversal...
After a strong rally to a 24h high of 0.2524, $PNUT has sharply reversed, printing a dominant red candle and pulling back to 0.2304. The surge appears exhausted as sellers reclaim control and volume shifts bearish.
Short Trade Setup – PNUT/USDT:
Entry Zone: 0.2300 – 0.2320
Take Profit 1: 0.2235
Take Profit 2: 0.2180
Take Profit 3: 0.2130
Stop-Loss: 0.2370
The trend has shifted intraday, and unless PNUT reclaims 0.2400 with strong volume, further downside pressure is likely.