$PNUT USDT BEARISH MOMENTUM – SELLERS DRIVING PRICES LOWER 🔻

$PNUTUSDT continues its sharp downward trend on the 1H timeframe with consistent lower highs and lower lows, confirming strong seller dominance and lack of reversal signs so far.

🔑 Key Levels:

Support: $0.2150 (immediate support), $0.2100 (next major support)

Resistance: $0.2250 and $0.2320

Current Price: $0.2180

📉 Trade Setup (Short Entry):

Entry Zone: $0.2185 – $0.2220

Take Profits:

TP1: $0.2150

TP2: $0.2120

TP3: $0.2100

Stop Loss: $0.2260 (above minor resistance cluster)

🌐 Short Market Outlook: PNUT remains in a strong bearish structure with no bullish reversal signals yet. As long as it stays below $0.2250, further downside continuation towards $0.2100 remains likely in the coming sessions.

⚠️ Risk Management: Always apply strict stop loss to protect against unexpected reversals. Risk only 1-2% per trade to maintain your account sustainability and ensure disciplined execution in these volatile market conditions.

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