🔍 Short Trade Setup: $PNUT USDT | Strategic Insights🔥💯

Entry Zone: $0.615 - $0.620

Stop Loss (SL): $0.635

Take Profit (TP1): $0.590

Take Profit (TP2): $0.570

Rationale:

1. The pair has been in a clear downtrend, forming consecutive lower highs and lower lows.

2. A temporary pullback around $0.620 could present a prime entry point.

3. Momentum indicators hint at further bearish strength, with minor consolidation.

Risk Management:

• Keep a tight stop loss above the resistance at $0.635 to minimize risk.

• Consider partial profit booking at TP1 while targeting a deeper level at TP2 for maximum gains.

Market Note: Ensure disciplined position sizing and monitor volume trends for confirmation of the move.

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