$PNUT - Dead Cat Bounce Failing! ☠️
PNUT rebounds to $0.2349 (-7.63%) on weak volume (MA(5) < MA(10)). Resistance at $0.2389 holding strong. Next leg down likely.
Trade Setup – SHORT
Entry: $0.2330-$0.2350
Stop Loss: Above $0.2400
TP1: $0.2280
TP2: $0.2240
TP3: $0.2200
Key Level: $0.2389 resistance
