$PNUT Rotten Shell Rally The Breakdown Begins....
$PNUT failed to reclaim mid-range highs and is now printing consecutive red candles on fading volume. The lower high structure is in place, and bears are regaining control with each push downward.
š» SHORT Trade Setup
ā¢ Entry Zone: 0.2080 ā 0.2120
ā¢ Stop Loss: Above 0.2240
ā¢ TP1: 0.1960
ā¢ TP2: 0.1865
ā¢ TP3: 0.1750
Market Insight:
This was a weak bounce in a strong downtrend. Momentum is vanishing and structure confirms it PNUT looks ready to revisit demand zones below. Let the lower high do the heavy lifting.