$PNUT /USDT BEARISH CORRECTION ⚠️📉
💰 Current Price: $0.2358
Key Levels
Support: $0.2300 / $0.2246 ✅
Resistance: $0.2446 / $0.2500 ⚡
Trade Setup
Entry (Short): $0.236 – $0.238 🔻
Take Profit (TP): $0.2300 / $0.2240 🎯
Stop Loss (SL): $0.2446 🛑
Technical Insight
PNUT is facing selling pressure after failing to break $0.2446.
Support at $0.2300 is critical; a break below may trigger further downside.
Resistance zone at $0.2446–$0.2500 can act as a safe level to place stop loss.
Risk Management ⚖️
Risk 1–2% of your capital per trade.
Keep SL tight above $0.2446 to protect from sudden reversals.
💥 Summary: Bearish short-term setup; monitor support closely for trend continuation or reversal.
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