🚨 $PNUT /USDT – Short Setup Alert! 🔥
Current Price: $0.2790
📊 Market Structure:
• Strong rally with a sharp wick to $0.2883
• Bearish engulfing candle after exhaustion
• Breakdown from lower high – weakness confirmed
📉 Short Trade Setup:
Entry Zone: $0.2780 – $0.2810
🎯 Targets:
• TP1: $0.2720
• TP2: $0.2660
• TP3: $0.2600
🛡 Stop Loss: $0.2890
💡 Pro Tip:
Watch for volume drop and bearish retest near $0.2820 to confirm rejection before going short.
⚠️ Volatility is high with meme coins – secure profits quickly!
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