$PNUT /USDT BEARISH BREAKDOWN LOOMS AS SUPPORT WEAKENS
PNUT/USDT is displaying clear bearish pressure as price hovers just above key support at 0.2223. Momentum indicators show weakness, with MACD flattening and DIF & DEA staying negative, signaling lack of bullish strength. The rejection from the 0.2346 resistance confirms sellers are in control, and a breakdown below 0.2223 could trigger further downside.
SHORT ENTRY ZONE: 0.2240 - 0.2260
TARGETS (TP): 0.2200 / 0.2150
STOP LOSS (SL): 0.2295
Risk Management: Use proper position sizing, risking only 1-2% per trade. Maintain discipline on stop-loss as volatility near support may cause sharp moves.
Would you like me to prepare the next post if price breaks below 0.2223?
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