$PNUT ...... Rejection Setup
#PNUT has rallied sharply into 0.0484 and is now showing rejection near the top. Price is slipping back from the recent high, while the 0.0472 area is the first level to watch on the downside.
If selling pressure builds below 0.0472, the move can extend toward 0.0452 and 0.0432, with 0.0412 as the deeper target zone. A recovery above 0.0484 would weaken this bearish view.
The chart is showing signs of exhaustion after the strong pump, so sellers could take control if support starts breaking.
Sell & Trade $PNU
#PNUT has rallied sharply into 0.0484 and is now showing rejection near the top. Price is slipping back from the recent high, while the 0.0472 area is the first level to watch on the downside.
If selling pressure builds below 0.0472, the move can extend toward 0.0452 and 0.0432, with 0.0412 as the deeper target zone. A recovery above 0.0484 would weaken this bearish view.
The chart is showing signs of exhaustion after the strong pump, so sellers could take control if support starts breaking.
Sell & Trade $PNU