$PNUT /USDT โ Short Opportunity After Weak Bounce! ๐
Current Price: 0.3102
$PNUT saw a short-lived bounce after hitting lows near 0.295, but the move stalled below 0.315 resistance. The 15M chart shows a lower high formingโsetting the stage for a possible pullback continuation.
๐ป Short Trade Setup:
โข Entry Zone: 0.311 โ 0.315
โข TP1: 0.300
โข TP2: 0.292
โข TP3: 0.285
โข Stop Loss: 0.318
๐ก Pro Tip:
Wait for confirmation like a bearish engulfing candle in the entry zone. Shorting after fake bounces is effective when momentum fades below resistance!
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