$PNUT just printed a local high at $0.2302 but failed to hold momentum. Current price at $0.2257 is showing a clear rejection with bearish candles stepping in — a sign that buyers are losing grip.
📊 Trade Setup (Short Bias)
Entry Zone: $0.2255 – $0.2270
TP1: $0.2197
TP2: $0.2130
Stop-Loss: Above $0.2305
🧠 Market View: With lower highs forming and volume slowing near the highs, $PNUT looks primed for a short-term correction. Watch for continued weakness below $0.2250 — if broken cleanly, expect momentum toward the $0.21 range.
