$PNUT /USDT short trade signal 🚦 🛑
BEARISH SETUP UNFOLDING — RALLY LOSING STEAM AFTER STRONG REJECTION!
PNUT/USDT saw a sharp rejection from the $0.3738 level after a strong intraday pump, now retracing to $0.3228 with volume cooling off. Indicators like MACD and RSI suggest fading momentum, and the price is slipping below key EMAs, pointing to a potential short-term correction.
Trade Setup: (Short Entry)
Entry: $0.3280 – $0.3350
Take-Profit Targets: $0.2980 / $0.2850
Stop-Loss: $0.3500
Market Outlook:
PNUT is vulnerable below $0.3386 with increasing sell pressure and bearish divergence signals on lower timeframes. If bulls fail to reclaim $0.3500, more downside can unfold rapidly.
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