$PNUT /USDT BEARISH PRESSURE BUILDING — RETESTING LOWER RANGE LEVELS
$PNUT is struggling to maintain bullish momentum after rejecting the recent high at 0.3738. The price has pulled back to 0.3270, hovering just above the 0.3200 support zone. With decreasing short-term volume and a -21% move over the past week, signs point toward further downside.
TRADE SETUP:
Short Entry: 0.3280 – 0.3350
Take Profit: 0.3050 / 0.2920
Stop Loss: 0.3510
Market Outlook:
A failure to reclaim 0.3400 could push PUNT into deeper correction territory. Caution advised for long positions — this move may be a retest before another leg down.
"Dear traders and valued followers, hold this trade with confidence — there's a 99% chance it will continue in a bullish direction. Momentum is strong, and the breakout structure supports further upside. Stay focused and trust the setup!"
