$PNUT

Bearish Indicators:

Rejection at $0.1624 signals resistance strength.

Lower highs indicate weakening buyer momentum.

MACD flatlining supports the idea of fading momentum.

Price stalling below resistance ($0.1550) adds weight to the short case.

Entry Zone: $0.1530–$0.1550 is tight and realistic for entry based on current price action.

Targets:

TP1 ($0.1490) and TP2 ($0.1450) are conservative and in line with recent support zones.

TP3 ($0.1380) could be ambitious but plausible if a volume breakdown occurs.

Stop-Loss: Above $0.1575 is logical, just past recent highs, allowing room for minor wicks.

Watchpoints:

Volume drop or spike near entry will be key for confirmation.

RSI crossing below 50 or divergence could add more conviction.

buy and trade here$PNUT .