🔥 Technical Analysis for PUNDIX/USDT – July 2025
Current Price: $0.2752 on Binance
Change in 24 Hours: +2.15%
Market Cap: Approximately $75 million
Rank: #407 globally according to CoinMarketCap
🧠 Project Overview
PUNDIX represents the Pundi X project, which aims to integrate cryptocurrencies into everyday life through Point of Sale devices (XPOS), XWallet wallets, and XPASS cards.
✅ Its primary focus is on decentralized payments and institutional adoption in emerging markets
📊 Technical Analysis (4-Hour Frame)
Indicator Value Interpretation
RSI 58.4 Moderate bullish momentum, has not entered overbought territory
MACD Positive crossover Early bullish signal
50 Moving Average Price above it Good dynamic support
First Resistance $0.293 Breaking it opens the way towards $0.32
Strong Support $0.267 Previous bounce with high trading volume
📈 Chart Pattern:
Price is moving within a short-term ascending channel, forming higher lows — a sign of a continuing uptrend
🎯 Suggested Trading Strategy
- Optimal Entry Point: $0.276–$0.278 after confirming stability above $0.275
- Stop Loss: $0.266
- Profit Targets:
- First Target: $0.293
- Second Target: $0.315
- Third Target: $0.345
🏁 Conclusion
PUNDIX shows positive technical signals with strong fundamental support from its real-world project.
If the $0.293 level is broken with high trading volume, we may witness a new upward wave towards $0.34.