$PNUT /USDT – Short Trade Signal! 🚨

Current Price: $0.2640

24H Range: $0.2369 – $0.2713

🔍 Market Snapshot:

$PNUT spiked aggressively but faced rejection at $0.2713.

Current 30m candles show weakening bullish momentum and profit-taking pressure.

Sharp rise often followed by fast retracements in meme coins.

📉 Trade Setup (SHORT):

Entry Zone: $0.2640 – $0.2700

Target 1: $0.2500

Target 2: $0.2380

Stop Loss: $0.2745

⚠️ Resistance Zone:

$0.2700 – $0.2715 is a strong rejection zone with wick exhaustion.

🛡️ Support Levels:

Watch $0.2500 for the first bounce. Breakdown below $0.2380 could trigger deeper sell-off.

💡 Pro Tip:

Avoid chasing pumps — meme coins often retrace 20–30% after vertical spikes. Wait for confirmation candles to build conviction.

📉 Risky zone for longs — perfect scalp setup for disciplined short traders.

💬 Comment “PNUT” if you're tracking this play!