📉 $PNUT PULLBACK OR PERFECT BUY ZONE? Smart Money Watching Closely 🧠

$PNUT has retraced -14.47% on the 4H chart after hitting resistance at $0.3060, now consolidating at $0.2523.

The price broke below all major moving averages (MA7, MA25, MA99), signaling a clear short-term downtrend.

Volume remains steady, hinting at accumulation. Watch closely for bullish divergence or reversal signs.

If the price holds above the $0.2460 support, a relief bounce toward the moving averages is likely.

📊 Trading Guide (Short-Term Setup)

• Entry Zone: $0.2480 – $0.2540 (only after consolidation confirmation)

• Take Profit 1: $0.2610

• Take Profit 2: $0.2750

• Take Profit 3: $0.2920

• Stop Loss: $0.2400

⚠️ Wait for a bullish engulfing candle or RSI confirmation before entering.

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