Short Sell Trading Signal for Pair $PUNDIX
IX /USDT - Bearish Reversal After Hitting Target
Entry Price: $0.5850 - $0.5720
Target 1: $0.5500
Target 2: $0.5350
Final Target: $0.5250
Stop Loss: Above $0.6050
Trading Overview:
As expected, the price of $PUNDIX rose from $0.4045 to $0.6293, achieving excellent profits for those who followed the buying strategy. Now, after touching the upper resistance level, we are witnessing a rejection and a pullback.
With strong selling pressure escalating, this seems to mark the beginning of a short-term correction. If the price fails to regain the $0.5900 level, the bearish trend may continue towards the $0.5250 area.
Risk Advice: Always use a stop-loss order to protect your capital. Secure your profits at each target level during the downward movement.