$PNUT /USDT BEARISH outlook 💥
Future traders alert ⚠️
Sell now!
Short trade signal 🚨
Key Levels:
Current Price: $0.6482
Resistance Levels:
- $0.7500
- $0.7000
Support Levels:
- $0.6400
- $0.6000
Trade Setup:
Entry: Short at $0.6482
Take Profit (TP):
- TP1: $0.6400
- TP2: $0.6000
Stop Loss (SL): $0.7000
Risk Management:
Risk/Reward Ratio: 1:2
Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking to short $PNUT/USDT due to the clear bearish trend indicated by the recent price action. The price has broken below key support levels and is showing strong downward momentum. This setup offers a favorable risk/reward ratio with defined targets and stop loss. 📉
Happy Trading!