🚨 $PNUT /USDT – Bearish Momentum Near Critical Support! 🚨
🔥 Meme Coin Breakdown Alert – Watch This Zone Closely!
🔹 Current Price: $0.3245 (-4.25%)
🔹 24h High: $0.3516
🔹 24h Low: $0.3242
🔹 24h Volume: 127.97M PNUT | $43.22M USDT
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📉 Bearish Setup
Entry Zone: $0.3270 – $0.3320
TP1: $0.3150
TP2: $0.3010
TP3: $0.2880
Stop Loss: $0.3405
📊 Market Insights:
$PNUT is showing continuous downward pressure, currently hovering just above its 24h low at $0.3242. The recent failed attempt to reclaim $0.3516 signals weakness. Volume is holding steady, but momentum is fading fast, suggesting bears are in control. Support near $0.3240 is being tested repeatedly — a break below could trigger a sharp dump toward the $0.30 zone.
⚠️ Key Resistance: $0.3437 – must break for any short-term bullish reversal.
🧱 Critical Support: $0.3240 – if broken, next major support lies at $0.3010.
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🎯 Action Plan:
If price stays below $0.3320 and volume increases on red candles, a short entry within this zone offers solid risk/reward. Watch for rejection at resistance. Tight stop loss above $0.3405 to limit risk.
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💡 Pro Tip:
In meme coin trades, momentum and sentiment shift fast. Set alerts, scale out on targets, and trail your stop after TP1 to secure gains!
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Buy And Trade Here On $PNUT
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