$PNUT /USDT Trading Signal - Bearish Continuation Pattern Identified
Entry Zone: $0.7020 - $0.7050 (for short positions)
Targets:
Target 1: $0.6900
Target 2: $0.6800
Stop Loss: $0.7100
Observation: The chart exhibits a descending channel pattern, signaling bearish momentum. A breakdown below $0.7000 may accelerate selling pressure toward the targets. Manage risk with the stop loss above the channel resistance.
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