$PNUT faces rejection at $0.1560, signaling bearish pressure.
- Short trade setup:
- Entry: $0.1545-$0.1560
- Targets: $0.1505, $0.1470, $0.1450
- Stop loss: Above $0.1575
- A 15M candle close below $0.1520 could confirm downside continuation. Bears are defending the $0.1560 zone, and momentum is shifting down.