$PNUT /USDT – Meltdown Mode! Bears Crushing the Chart! 🚨
Current Price: $0.2953 (-14.70%)
$PNUT is in a free fall with relentless selling pressure. No signs of recovery as lower highs and breakdown candles dominate the 30M chart.
Key Resistance:
$0.3100
$0.3300
Key Support:
$0.2940 (near breakdown zone)
$0.2800
Short Trade Setup:
Entry Zone: $0.3000 – $0.3100 (on any weak bounce)
TP1: $0.2850
TP2: $0.2700
Stop Loss: $0.3180
Market Insight:
Extreme bearish momentum. High volume dump without consolidation shows panic selling and liquidation zones being hit.
Pro Tip:
Avoid chasing red candles – wait for a small relief rally and enter short with tight SL. This is a high-probability breakdown continuation.
Momentum is brutal – scalpers and short sellers, this is your zone!
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