$PNUT /USDT SHORT TRADE SIGNAL
REJECTION FROM $0.2524 AFTER STRONG PUMP
CLEAR BEARISH STRUCTURE WITH LOWER HIGHS
STRUGGLING TO HOLD ABOVE $0.2230 SUPPORT ZONE
PNUT/USDT dropped sharply from the recent high of $0.2524 to a low of $0.2174. The price is currently consolidating at $0.2233 but remains under pressure, suggesting potential continuation if buyers fail to reclaim $0.2310.
Trade Setup:
• Entry Point: $0.2230 – $0.2250
• Stop Loss: $0.2330
• Take Profit:
• TP1: $0.2170
• TP2: $0.2100
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
PNUT is trading within a bearish correction phase. If the support at $0.2170 fails, more downside can be expected with momentum favoring sellers.
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