$PNUT Short Strategy:
• Entry Point: 1.255 - 1.297 (when the price does not break this range and a rejection candle appears).
• Stop Loss: 1.300 (breaks Upper Band resistance).
• Take Profit: 1.043 (most recent low).
RR Ratio: With Entry: 1.275, SL: 1.300, TP: 1.043, RR ratio ≈ 9.6:1.
Risk: If the price breaks 1.297 with strong buying power, the downtrend may be invalidated.