$PNUT – Short Trading Signal! 📉
Current Price: $0.2214
🔍 Market Structure
Failed to break through the resistance level of $0.2276
Lower highs are forming with weakening bullish momentum
Bearish candles appearing on the hourly chart - potential short-term reversal
📌 Key Levels
Resistance: $0.2276
Support: $0.2150 / $0.2074
⚔️ Sell Trade Setup
Entry Zone: $0.2215 - $0.2240
Profit Target 1: $0.2155
Profit Target 2: $0.2100
Profit Target 3: $0.2075
Stop Loss: $0.2290
💡 Professional Tip
Watch for confirmation with a rejection candle below $0.2240. Precise risk management is key to meme coin volatility.
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