$PNUT It looks like you're analyzing the PNUT/USDT market quite thoroughly! Let's take a look at the current situation based on the latest real-time data:#PNUTTrading

Current Price Action

The live price of Peanut the Squirrel (PNUT) is approximately $0.2308 USD.

The 24-hour trading volume is around $174,923,266.76 USD.

Market Sentiment

As you mentioned, PNUT faced rejection near $0.2451, indicating a potential short-term reversal.

The price is currently around $0.2308, which aligns with your observation of cooling momentum and profit-taking pressure.

Short Trade Setup Overview$PNUT

Entry Zone: $0.2325 to $0.2340 (look for weakness in this range)

Stop Loss: $0.2380 (to protect against upward movement)

Targets:

TP1: $0.2250

TP2: $0.2180

TP3: $0.2080

Quick Note

Keep an eye out for any signs of bulls reclaiming resistance quickly, as this could impact your trade setup.

It seems like you have a solid plan in place! Are you considering any specific strategies for managing your risk, or do you have other questions about the market?$PNUT