🔴$PNUT Short Trade Setup:
Entry Zone: $0.2390 – $0.2410
Take Profit Levels:
TP1: $0.2310
TP2: $0.2250
TP3: $0.2180
Stop Loss: $0.2475
The bearish engulfing candle and the series of lower highs indeed suggest a potential short opportunity. With the increasing selling pressure and red dominance, it seems like a strategic moment for quick scalps!