$PNUT /USDT – SHORT TRADE SIGNAL
FAILURE TO HOLD ABOVE $0.2327
LOWER HIGHS & INCREASING SELL PRESSURE
RETEST OF $0.213 SUPPORT LIKELY
PNUT is currently trading at $0.2182 after being rejected from the $0.2438 resistance zone. The price structure shows a clear bearish trend with consecutive lower highs and strong red candles, indicating persistent sell momentum.
🔴 Short Trade Setup:
• Entry Zone: $0.2180 – $0.2230
• Stop Loss: $0.2320
• Take Profit:
TP1: $0.2130
TP2: $0.2040
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
Market Outlook:
As long as PNUT trades below $0.2327, bearish bias remains. Breakdown below $0.213 would open further downside potential.
