🥜 $PNUT /USDT Trade Signal – Meme Coin Cooling Off After Spike 🥜
PNUT/USDT is trading at $0.2229 (-0.40%), showing slight pullback pressure after failing to hold its 24h high of $0.2524. Price is now below all key EMAs — EMA(7): $0.2286, EMA(25): $0.2294, and EMA(99): $0.2273 — hinting at short-term bearish sentiment.
Key Zones to Watch:
Resistance: $0.2304 → $0.2384
Support: $0.2174 → $0.2146
🔽 Trade Setup: SHORT (Scalp or Retest Strategy)
Entry: $0.2230–$0.2250
TP1: $0.2175
TP2: $0.2120
Final TP: $0.2060
SL: $0.2310
Momentum is fading—watch for a retest of lower supports unless bulls reclaim $0.2304 with volume.