$PNUT /USDT – Short Opportunity After Weak Bounce! 📉
Current Price: 0.3102
$PNUT saw a short-lived bounce after hitting lows near 0.295, but the move stalled below 0.315 resistance. The 15M chart shows a lower high forming—setting the stage for a possible pullback continuation.
🔻 Short Trade Setup:
• Entry Zone: 0.311 – 0.315
• TP1: 0.300
• TP2: 0.292
• TP3: 0.285
• Stop Loss: 0.318
💡 Pro Tip:
Wait for confirmation like a bearish engulfing candle in the entry zone. Shorting after fake bounces is effective when momentum fades below resistance!
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