Being rejected three times indicates clear selling pressure above. Don't fight it in the short term; wait for it to move out on its own.

$PNUT UPDATE: REJECTIONS CONFIRMED — NOW THE REAL GAME BEGINS

Price is now doing exactly what we anticipated — and the chart is telling a very clean story.

After the strong breakout move, price pushed into the 0.058 zone… and got rejected three times on the 15min chart.

Price is pulling back and sitting around 0.052–0.053, right near the MA99 dynamic support (~0.053).
This is the first line where buyers are expected to defend.

Below that, we have a stronger horizontal support at 0.049–0.050 — this is the real demand zone where the next big decision will happen.

So what’s the situation right now?

👉 Resistance is confirmed at the top
👉 Price is cooling down after momentum
👉 Support zones are getting tested step by step

If price starts consolidating between MA99 and horizontal support, it creates a compression zone.
And compression usually leads to expansion.

That’s where the next big move comes from. 🚀

We already secured profits at early targets — smart execution always pays first.

Now the approach is simple:

•Hold positions with proper stop-loss
•Avoid emotional decisions during pullbacks
•Let the market confirm direction

Because in setups like this,
patience often pays more than perfect entries. 👀

Next breakout from this range… could be explosive.

#CryptoMarketRecovery