$PNUT Range holds, but lower highs keep the edge with sellers at 0.044. SHORT watch.
entry: 0.0443 - 0.0444
sl: 0.045
tp: 0.0438 - 0.0432 - 0.0427
My take:
I read this as a bearish trend pullback inside a range. The one-hour trend is bearish, and the thirty-minute sits below its EMA34 and EMA89, so rallies stay capped. Momentum leans down with RSI at 36.7, though the range means a push back toward the upper half is still possible before sellers regain control.
⚠️ Personal market insight, not investment advice. DYOR.
entry: 0.0443 - 0.0444
sl: 0.045
tp: 0.0438 - 0.0432 - 0.0427
My take:
I read this as a bearish trend pullback inside a range. The one-hour trend is bearish, and the thirty-minute sits below its EMA34 and EMA89, so rallies stay capped. Momentum leans down with RSI at 36.7, though the range means a push back toward the upper half is still possible before sellers regain control.
⚠️ Personal market insight, not investment advice. DYOR.
