$PUNDIX – Short Trade Idea
Entry (Sell): 0.5260
Target Levels:
TP1: 0.5160
TP2: 0.5150
TP3: 0.5140
Stop Loss: 0.5400
Strategy Insight:
We're eyeing a potential pullback on $PUNDIX after recent resistance near the 0.5300–0.5400 zone. A break below 0.5200 could open the gates for a quick dip to the mid-0.51s. Tight targets suggest a scalping or short-term intraday approach. Risk is capped with a clean stop above recent highs.
Risk-Reward Snapshot:
Risk: 1.4 cents
Reward (to TP3): 1.2 cents
R:R Ratio: ~0.85 (Tighter targets for quicker execution)
Stay sharp and watch the momentum — this trade is all about precision and timing.