**$PUNDIX /USDT: Rejection After Hitting Top – What’s Next?**
PUNDIX/USDT recently surged to **$0.5284**, marking a strong bullish run with a **+41.65%** daily gain. However, the price has now faced rejection at this key resistance level, signaling potential short-term pullback or consolidation.
### Key Observations:
- **Resistance Tested**: The price peaked at **$0.5284** but failed to hold, indicating profit-taking or selling pressure.
- **Support Levels**: Immediate support lies at **$0.4078** (current price), with stronger support near **$0.3613** (Bollinger Middle Band).
- **Volume**: Trading volume is **2.45M**, below the 5-day MA of **7.37M**, suggesting weaker momentum.
- **RSI/Stochastic**: Neutral readings (~43) hint at balanced momentum—no extreme overbought/oversold conditions yet.
### Outlook:
- A break below **$0.4078** could see a dip toward **$0.3613**.
- If bulls defend **$0.4078**, a retest of **$0.5148–0.5284** is possible.
**Trade Wisely**: Watch for confirmation of direction—whether rejection leads to deeper correction or a bullish rebound.
