As of now, the main force of pnut has around 20 million long positions closing actions in the last 8 hours, which is relatively dangerous. The current price is about 0.36, and unlike yesterday, the net inflow of contracts in the last 24 hours is only 1.7 million.
After reviewing yesterday's situation, the main force only opened short positions around 0.28 without significantly closing long positions. Just opening short positions indicates the possibility of pressure to do T. Today, there are a large number of long positions starting to close, so chasing long positions here still carries significant risk.
If you want to go short, it's best to wait for a pullback. That way, even if the market continues to strengthen and the main force keeps injecting money back, your stop loss won't be too heavy. Alternatively, wait for a clearer downtrend and then enter short from a rebound point.