$PNUT /USDT – REVERSAL OR FURTHER DROP? LONG TRADE WATCH

$PNUT recently dipped to 0.2403 after rejection near 0.2469, finding short-term support at the day’s low. Price is now consolidating around 0.2417, hinting at a possible reversal attempt if buying momentum builds.

Trade Setup (Long):

Entry: 0.2405 – 0.2420

Targets (TP): 0.2445 / 0.2470

Stop Loss (SL): 0.2390

If PNUT holds above 0.2400, buyers may regain control toward resistance zones. A breakdown below 0.2390 would shift bias back to bearish continuation.

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