$PNUT /USDT – Bearish Reversal in Play! 🔻
$PNUT failed to hold above the $0.2500 zone and is now breaking down below $0.2400 support on rising selling pressure. The series of lower highs signals weakness, and the bearish engulfing candle confirms a short opportunity.
📉 Short Trade Setup
Entry Zone: $0.2390 – $0.2420
TP1: $0.2310
TP2: $0.2250
TP3: $0.2180
Stop Loss: $0.2475
Red dominance is increasing with bulls losing momentum. Short-term correction likely — a prime setup for quick short scalps! 💣📉
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