$PUNDIX Surges +47% – Bullish Momentum or Profit-Taking Zone?
The $PUNDIX pair is experiencing a strong rally, currently trading at $0.5453, up +47.42% in the last 24 hours. This comes with a breakout above the $0.48 resistance, reaching a 24h high of $0.5461.
Chart Analysis (1H Candles):
Clean bullish structure with higher highs and higher lows
Strong green candles with growing volume indicate healthy demand
Price action broke out from consolidation near $0.4178, a potential new support
Previous high at $0.5461 is being retested — a breakout above could open room to $0.56–$0.60
Performance Snapshot:
Today: +30.23%
7 Days: +83.09%
30 Days: +96.54%
1 Year: Still -13.58%, showing long-term recovery potential
Trading Signals:
Short-Term Signal (Scalp/Intraday):
Buy Zone: $0.48–$0.50 (on dip)
Target: $0.56–$0.60
Stop-Loss: $0.465
Mid-Term Signal:
Accumulate on dips as long as price holds above $0.41
Monitor closely for RSI divergence or signs of exhaustion near $0.55–$0.60
Order Book Sentiment:
64.39% Sellers, showing that profit-taking pressure is building
Traders should lock partial profits on rallies and trail stop-losses
Note: Momentum is strong, but after such