$PUNDIX /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN – MOMENTUM SHIFT UNDERWAY!
Price has failed to hold above the key resistance zone after a strong upward channel breakout, indicating a likely reversal. The rejection near the $0.5483 level and bearish engulfing candles suggest seller dominance. If price sustains below the support flip zone, further downside is expected.
Trade Setup:
Short Entry: $0.5410 – $0.5480
Take Profit: $0.4253
Stop Loss: $0.6064
Market Outlook:
The rising wedge breakout has failed to hold, confirming a bearish divergence. Sellers are regaining control, and continuation towards the lower support is probable unless volume surges above $0.55. Risk remains elevated due to recent volatility.
Command: Secure the short—profit lies below support!
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