$PNUT /USDT – Short Opportunity After Weak Bounce! 📉

Current Price: 0.3102

$PNUT saw a short-lived bounce after hitting lows near 0.295, but the move stalled below 0.315 resistance. The 15M chart shows a lower high forming—setting the stage for a possible pullback continuation.

đŸ”» Short Trade Setup:

‱ Entry Zone: 0.311 – 0.315

‱ TP1: 0.300

‱ TP2: 0.292

‱ TP3: 0.285

‱ Stop Loss: 0.318

💡 Pro Tip:

Wait for confirmation like a bearish engulfing candle in the entry zone. Shorting after fake bounces is effective when momentum fades below resistance!

$PNUT