$PUNDIX Strong breakout, re-check in progress!
$PUNDIX has risen by more than 10% and is now re-testing the previous resistance level that has become support, around $0.4660–$0.4680. This healthy pullback may offer a new entry before the next upward surge if the bulls defend this level. High volume and structure support the move towards recent highs.
As long as $PUNDIX stays above this key support, a bounce to $0.4900 and above is possible. However, a drop below $0.4600 would nullify the bullish setup in the short term.
Trading setup:
Entry: $0.4680
TP: $0.4780 / $0.4850 / $0.4950
SL: $0.4590
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