$PNUT Trade Setup & Signal š»
Asset: PNUT/USDT
Entry Zone: $0.2215 ā $0.2240 ā
Breakdown Zone: Below $0.2210 confirms short pressure š
Targets:
⢠TP1: $0.2155 šÆ
⢠TP2: $0.2100 šÆ
⢠TP3: $0.2075 šÆ
Stop Loss: $0.2290 š”
Trend: Rejection play ā failed breakout with weakening structure & bearish pressure ā ļø
Market Insight:
$PNUT failed to clear $0.2276 and is forming lower highs with bearish 1H candles. If price slips under $0.2210, expect momentum to shift fast. Entry on weak bounce offers optimal R:R setup.