Pundi X (PUNDIX) Market Update – Bullish Momentum Building
Pundi X is showing bullish signs, resembling the early stages of a strong altcoin breakout. The price action is developing within a tight consolidation range between $0.51 – $0.69, with potential for a breakout toward $1 if resistance is cleared.
Key Metrics:
Market Cap: $144M
24h Volume: $93M (High trading interest)
Exchanges: Listed on Binance and Coinbase – strong accessibility
Technical Overview:
Rejection at: $0.65
Current Support: $0.51 (Key buy zone)
Price Action: Consolidating in a healthy range; weekly close above $0.51 is critical for sustained bullish trend
Entry Zone:
Accumulation range: $0.51 – $0.54
Targets:
TP1: $0.69 (Short-term range top)
TP2: $0.98 – $1.00 (Breakout target post-consolidation)
Stop-Loss:
Below $0.49 – loss of key support would invalidate short-term bullish structure
Outlook: As long as price holds above the $0.51 support zone, bulls remain in control. A breakout above $0.69 could open the door to a 30–40% upside move. Watching for whale accumulation and a breakout signal in the coming sessions.