PNUT / TetherUS
Updated

PNUT Sell/Short Setup (2H)

569
A large liquidity pool has formed below the price.

We have not yet seen a bearish CH on the chart, but in the supply zone, considering the invalidation level as a stop, we can enter a sell/short position.

If the invalidation level is touched, it will invalidate this setup.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Trade closed: target reached
It dropped by more than 29% after hitting the range.
snapshot

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