$PNUT — SHORT Setup
Direction: SHORT
Entry Range: 0.04960 – 0.05020
SL: 0.05295
Take Profits:
TP1: 0.04800
TP2: 0.04650
TP3: 0.04500
TP4: 0.04380
TP5: 0.04256
Setup Logic: 4H chart shows a strong rejection from the 0.054–0.055 area followed by a sharp breakdown. The 0.049–0.050 zone is now the key resistance/retest area; continued rejection here could open the way toward lower support levels.
Trade here 👇
Direction: SHORT
Entry Range: 0.04960 – 0.05020
SL: 0.05295
Take Profits:
TP1: 0.04800
TP2: 0.04650
TP3: 0.04500
TP4: 0.04380
TP5: 0.04256
Setup Logic: 4H chart shows a strong rejection from the 0.054–0.055 area followed by a sharp breakdown. The 0.049–0.050 zone is now the key resistance/retest area; continued rejection here could open the way toward lower support levels.
Trade here 👇