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$PNUT flushed longs near 0.079, then stabilized and began ranging just above support — often a sign of sell-side exhaustion.
Key Levels
Support Zone: 0.076 – 0.074
Breakout Trigger: Reclaim above 0.082
Major Resistance: 0.088 – 0.092
Long Trade Plan
Entry Range: 0.076 – 0.079
TP1: 0.082
TP2: 0.088
TP3: 0.092
Stop Loss: 0.072
Market Sentiment: Weak longs cleared. Needs buyer volume reclaim above 0.082 to confirm reversal.
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