$PUNDIAI (PUNDIAI) – Short-Term Price Action
PUNDIAI is trying to stabilize after a sharp sell-off, bouncing from the $1.19 demand zone. On the 15m chart, price is hovering near $1.21, sitting just above the short-term moving averages. MA(7) and MA(25) are beginning to curl up, suggesting a relief bounce, but MA(99) around $1.218–$1.22 remains a key overhead resistance.
As long as price holds above $1.20, a push toward $1.22–$1.23 is possible. A clean break and hold above that zone could open the door for a stronger recovery. Failure to hold $1.20 may drag price back toward $1.19 support again.
Momentum is improving, but confirmation only comes with a breakout and volume. Caution still advised until resistance is reclaimed.
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