$PUNDIX š PUNDIX/USDT: Igniting the Charts! š„
1H Chart Signals Bullish Momentum ā Long Positions in Focus!
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š Market Snapshot:
Current Price: $0.4788
24H Change: +15.6%
24H High / Low: $0.4921 / $0.4196
Volume: $126.18M
Market Cap: $125.6M
Trend: Strong Bullish Momentum
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š Technical Overview (1H):
ā
Price Action: Sustained above MA(7), MA(25), and MA(99), indicating a robust uptrend.
š Volume: Significant increase, supporting the bullish move.
š Indicators: MACD and RSI suggest continued upward momentum.
#CryptoCPIWatch
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šÆ Futures Trading Strategy:
š¢ Long Position (Preferred):
Entry Zone: $0.4700 ā $0.4800 (on minor pullbacks)
Take Profit Targets:
TP1: $0.5000
TP2: $0.5200
Stop Loss: $0.4600
Leverage: 3x ā 5x
Rationale: Strong bullish indicators and volume support a continued upward move.
#BinanceAlphaAlert
š“ Short Position (Scalp Opportunity):
Entry Zone: $0.4900 ā $0.4950 (if price shows rejection at resistance)
Take Profit Targets:
TP1: $0.4750
TP2: $0.4600
Stop Loss: $0.5000
Leverage: 2x ā 3x
Note: Short positions are riskier in the current bullish trend; proceed with caution.
#BinanceAlphaAlert
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š§ Final Thoughts:
PUNDIX is exhibiting strong bullish momentum on the 1H chart. Long positions are favored, but traders should watch for potential resistance near the $0.5000 level. Always use proper risk management and stay updated with market news.
#pundix $PUNDIX
