$PNUT /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN CONTINUES — SELL PRESSURE DOMINATES AFTER MASSIVE SPIKE
After reaching a peak of $0.4884, $PNUT/USDT has sharply retraced, now trading near $0.2922 with a 14.56% drop in the last 24H. The strong rejection from the top signals that bulls have lost momentum and bears are currently in control. The daily structure shows a clear lower-high and lower-low pattern forming — confirming short-term bearish continuation.
Trade Setup (Short):
Entry: $0.2950 - $0.3050
Take Profit (TP): $0.2620 / $0.2400
Stop Loss (SL): $0.3220
Market Outlook:
If the price breaks below the $0.2870 intraday support, we could see increased panic selling. Volume is high, and momentum indicators suggest further downside before any bounce attempt. Wait for confirmation before entering long — current trend favors short setups.
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This is your signal. Tap in before the next breakout candle!