$PNUT /USDT – In Freefall! Bears Take Control 🚨
Current Price: $0.2942 (-14.70%)
$PNUT is under intense selling pressure, with the price plunging and no clear signs of reversal. The 30-minute chart is dominated by lower highs and strong breakdown candles.
🔹 Key Resistance Levels:
• $0.3100
• $0.3300
🔻 Key Support Levels:
• $0.2940 (near breakdown zone)
• $0.2800
📉 Short Trade Opportunity:
• Entry Zone: $0.3000 – $0.3100 (on any weak upward bounce)
• Target 1 (TP1): $0.2850
• Target 2 (TP2): $0.2700
• Stop Loss: $0.3180
💡 Market Insight:
Bearish momentum is at extreme levels. A sharp drop with high volume and no consolidation suggests panic selling and liquidations are accelerating.
