$PUNDIX /USDT Showing Strong Bullish Momentum After Recent Low
Hey everyone,
Let's take a look at the $PUNDIX /USDT chart! We're seeing a significant upward movement today. The current price of Pundi X is at $0.5225, marking a substantial increase of +6.72%.
Looking at the last 24 hours, $PUNDIX has ranged from a Low of $0.4371 to a High of $0.5840. The 24h Volume stands at 98.37M PUNDIX, which is equivalent to 51.17M in USDT.
The chart clearly shows a strong bullish trend, especially after testing the low. We've seen a sharp upward spike, breaking through previous resistance levels. The price is currently trading below the 24-hour high, suggesting that there might be some profit-taking or resistance at that level.
Traders will be watching to see if PUNDIX can consolidate above the current price and potentially retest the $0.5840 high. The strong volume indicates significant interest in PUNDIX at these levels.
Key points to observe:
Resistance: The 24-hour high of $0.5840 is a key resistance level to watch.
Support: Potential support levels could form around the recent consolidation areas.
Momentum: The current momentum is clearly bullish.
What are your thoughts on this strong move by PUNDIX? Do you anticipate it will break the recent high, or will we see some consolidation or pullback? Share your analysis!
