🚨 $PNUT /USDC: ATTENTION! 🚨
Contradiction! PNUT has increased by 6.94%, but almost 50% of traders are in Short, which could indicate a bullish trap.
Despite the increase, the taker sell volume has surpassed the taker buy volume on several recent occasions.
My plan:
▪️ Strategy: SHORT
▪️ Entry Zone: $0.2575 - $0.2590 .
▪️ Targets (TP):
▪️ TP1: $0.2520
▪️ TP2: $0.2450
▪️ Stop Loss (SL): $0.2630