🔻 $PNUT /USDT – Bearish Shift in Motion! 🚨📉
$PNUT faced strong rejection near the 0.3380 level and is now losing steam, forming consistent lower highs and bearish candles on the 30m chart. Momentum is clearly flipping downward — time to watch for a short opportunity.
📊 Short Trade Setup:
• Entry Zone: 0.3180 – 0.3230
• Target 1 (TP1): 0.3120
• Target 2 (TP2): 0.3070
• Stop Loss (SL): 0.3305
⚙️ Technical View:
Price action is weakening under resistance, with bearish pressure growing on each bounce. Short-term breakdown signs are visible.
🛡 Risk Note:
If SL gets hit, momentum may flip. Stick to position sizing and avoid chasing.
🔄 Strategy Breakdown:
This is a momentum-based short setup targeting the breakdown of a failed resistance test and bearish market structure. Scalping the weakness before bulls step in again.
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