$PNUT /USDT – Trend Losing Steam! Bearish Pullback Opportunity Brewing!

$PNUT failed to hold above $0.1885 and is now pulling back sharply from its recent peak of $0.1984. With RSI sliding to 36.84 and volume fading, downside pressure is building.

📉 Short Trade Setup:

Entry Zone: $0.1750 – $0.1785 (sell on weak bounce or failed retest)

TP1: $0.1650

TP2: $0.1520

TP3: $0.1430

Stop-Loss: Above $0.1885

📊 Market Insight:

Buyers are weakening near resistance, and the bearish divergence in RSI confirms the potential for deeper correction. Watch closely—rejection from $0.1780 could spark the next leg down. Want a bounce strategy too?