$PNUT

Price is trading below all key MAs (7/25/99), keeping short-term structure bearish. Repeated rejection near the 0.070–0.071 zone shows sellers defending rallies, while price is hovering just above the 0.0678 local low. Momentum remains weak unless bulls reclaim the MA cluster.

Short bias while below 0.0700–0.0705

Entry: 0.0695–0.0702

TP: 0.0678 → 0.0665

SL: 0.0712

A clean breakdown below 0.0678 opens continuation. Reclaim and hold above 0.071 flips the setup invalid.