🥜 $PNUT /USDT – DEAD CAT OR BOUNCE BACK? 🚨📉
Oversold Conditions Could Spark Short-Term Rebound! 🔥🕊️
$PNUT just took a harsh -19.46% hit, falling to $0.2688 before starting a tentative bounce. With high 24H volume and intraday support forming, traders are watching closely for a relief move or potential short squeeze. ⚠️👀
📊 Trade Setup – Scalp Play:
🔹 Entry Zone: $0.2740 – $0.2780 (only with bullish confirmation)
🎯 TP1: $0.2900
🎯 TP2: $0.3080
🎯 TP3: $0.3250
🛑 Stop Loss: $0.2650
📌 Key Levels:
• Support: $0.2680
• Resistance: $0.2950 (watch for breakout or rejection)
💡 Pro Tip:
Use a volume breakout filter — wait for a 5–15M close above $0.280 with strong green candle before entering. This is a high-risk meme zone, so treat it like a firecracker: exciting, but unpredictable. 🎇🐒