PNUT/USDT: Is a Pullback Coming? 🔻
$PNUT saw a strong rally but hit resistance at $0.2451, marked by a sharp upper wick signaling potential buyer fatigue. With momentum slowing and profit-taking emerging, a short-term pullback might be on the horizon.
📉 Short Setup – PNUT/USDT
Entry Zone: $0.2325 – $0.2340
Stop Loss: $0.2380
🎯 Target Levels:
TP1: $0.2245
TP2: $0.2170
TP3: $0.2080
⚠️ Heads-Up:
If bulls fail to regain control above resistance, expect further downside. Stay cautious, manage risk, and watch for volume confirmation before entering. 🚨