PNUT triggered the weekly EMA21 resistance level, combined with daily overbought and top divergence, showing three bearish signals.
I don't believe this is the top, but the necessary risk management must still be in place — take profits on part of the position, lock in gains, and adjust the stop-loss line to ensure risk is manageable.
Then, patiently wait for the price to pull back to the key EMA moving average and continue to go long.
