🚀 $PUNDIX /USDT 1H Long Trade Setup

🟢 Bias: Bullish Reversal Structure

📍 Entry Zone (Long): #pundix

$0.4495 – $0.4660

(Price broke out of consolidation range and flipped prior resistance into support)

🎯 Take Profits:

TP1: $0.5000 – Previous local high / structure

TP2: $0.5250 – Next supply zone

TP3: $0.5500 – Major resistance zone (from previous peak profit area)

🛑 Stop Loss:

$0.4130 – Below recent swing low and trendline support

📊 Technical Analysis Summary:

Price broke out of a descending wedge and printed a higher low, indicating a bullish reversal.

Several failed breakdowns around $0.40 – $0.42 confirmed strong buyer defense.

Multiple “H” tops rejected around the $0.50 area — breakout here could trigger a strong rally.

Volume is gradually rising on bullish candles — healthy for continuation.

⚠️ Wait for retest confirmation at $0.45–$0.46 if not already in the trade.

💡 Risk/Reward Insight:

High R:R setup with potential upside of over 15–20% versus ~5% risk.

Ideal for short-term swing or intraday traders with tight management.

Trade Here on Binance $PUNDIX