$PNUT /USDT Downtrend Signal

$PNUT has entered a clear downtrend, dropping over 16% to $0.2789, with strong bearish candles forming on the 15m chart. After rejecting resistance near $0.295, price broke key support and is testing the day’s low at $0.278.

Downtrend Confirmation:

• Lower highs and lower lows

• Strong red volume bars

• Support broken at $0.285

Trade Setup (Short):

• Entry: $0.279 – $0.283

• Stop Loss: $0.289

• Target 1: $0.270

• Target 2: $0.240

• Target 3: $0.200

Keep an eye on volume spikes — if sellers stay in control, deeper correction likely.

trade here on $PNUT