📉 $PNUT /USDT – SHORT TRADE SIGNAL!

Market Overview:

$PNUT is trading at 0.2359, still up +10.54% in the last 24H, but momentum is slowing after rejection at the 0.2446 high. Sellers are stepping in as the price forms consecutive red candles, signaling a possible retracement after the strong upward rally.

🔑 Key Levels

Resistance: 0.2400 – 0.2450

Support: 0.2300 – 0.2220

24H Range: 0.2032 – 0.2446

🎯 Short Trade Setup

Entry Zone: 0.2360 – 0.2400

🎯 TP1: 0.2300

🎯 TP2: 0.2250

🎯 TP3: 0.2200

🛑 Stop Loss: 0.2455

💡 Pro Tip: After sharp upward moves, meme tokens like $PNUT often retrace quickly. A breakdown below 0.2300 could accelerate downside momentum toward deeper support levels.