$PUNDIX /USDT SHORT TRADE ALERT – BEARISH REVERSAL AFTER TARGET REACHED
Entry Zone: $0.5850 – $0.5720
Target 1: $0.5500
Target 2: $0.5350
Final Target: $0.5250
Stop Loss: Above $0.6050
Market Outlook:
#PUNDIX previously rallied from $0.4045 to a peak of $0.6293, offering solid gains for those who followed the long setup. However, after testing key resistance, the price is now showing signs of rejection and a pullback.
Selling pressure is intensifying, suggesting a potential short-term downtrend. If $PUNDIX fails to reclaim $0.5900, further downside movement toward $0.5250 is likely.
Risk Management:
Always implement a stop-loss to safeguard your capital. Consider taking partial profits at each target level as the price moves lower.
Trade $PUNDIX here.
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