$PUNDIX recorded a strong V-shaped recovery, jumping more than 36% from a low of $0.4045 to reach $0.5512 within hours. After the initial surge, the price is now consolidating above $0.53, signaling strength but also a slight hesitation near resistance.

Market Snapshot:

Current price: $0.5330

24-hour high: $0.5512

Lowest price in 24 hours: $0.4045

24-hour volume: 50.24M $PUNDIX / 24.06M USDT

Technical view:

A sharp green candle signals a possible trend reversal. Immediate resistance is at $0.55, and holding above $0.52 could provide a base for a continuation of the move. Watch for a healthy break or retest towards $0.50 for entry.

Trading levels:

Support Zone: $0.5200 - $0.4950

Resistance Zone: $0.5500 - $0.5590

Trend: Bullish reversal

Pro Tip: Look for a consolidation breakout above $0.5510 with volume to target $0.575+ - ideal for momentum traders