$PNUT shows weakness after rejecting from $0.1624, with lower highs and fading momentum. Here's a potential short trade setup:
- *Entry Zone:* $0.1530 – $0.1550
- *Target Prices:*
- TP1: $0.1490
- TP2: $0.1450
- TP3: $0.1380
- *Stop-Loss:* Above $0.1575
If the bearish trend continues, a deeper pullback may occur. Look for volume breakdown confirmation before entering the trade.