$PNUT /USDT – Bearish Breakdown Alert
Entry Zone: $0.8700 - $0.8800
Targets: $0.8500 / $0.8300 / $0.8000
Stop Loss: Above $0.9100
Market Insights:
PNUT is down 17.07%, with heavy selling pressure pushing the price below $0.90. The breakdown and sharp decline suggest further downside potential, especially with increasing volume supporting the sell-off. Watch for support near $0.8500.
Next Move:
Traders should monitor for a sustained close below $0.8700 for confirmation of continued bearish momentum. Manage risk with strict stop losses above $0.91.