$PUNDIX
[Technical Analysis] PUNDIX/USDT – Bullish Momentum Building
Current Price: $0.5323
24h Change: +9.98%
Volume: 50.21M PUNDIX | 24.05M USDT
Category: Payments | Gainer of the Day
PUNDIX has surged nearly 10% in the last 24 hours, bouncing strongly from the $0.4045 low and closing in on short-term resistance. The momentum is supported by rising volume and technical breakout signals.
Key Price Targets to Watch:
Target 1 – $0.5840: The next resistance level in sight. A breakout here may trigger bullish continuation on the 4H timeframe.
Target 2 – $0.6026: A recent high from previous weeks. Watch for profit-taking or consolidation if price nears this zone.
Target 3 – $0.6500: Medium-term bullish target based on the broader trend and breakout projection from the recent ascending triangle.
Support Zone:
Immediate Support: $0.5040 – former resistance now acting as support.
Stronger Support: $0.4395 – strong accumulation area before the breakout.
Technical Outlook:
RSI is rising but not overbought, signaling room for further upside.
MACD shows bullish crossover on the 1H and 4H charts.
Strategy Tip: Look for a retest of $0.5040 as a potential entry point. If price sustains above $0.5840 with volume, momentum traders may eye $0.6500 next.
