💥 $PUNDIX /USDT – Strong Rejection Reversal Forming! 📈
Current Price: $0.3022 (+5.26%)
After a sharp breakout to $0.3153, $PUNDIX faced mild profit-taking — but bulls aren’t backing down! Price is now forming higher lows above the key $0.2950 support zone, signaling strength and a potential second leg upward. Momentum is building again as recovery candles print clean structure.
📊 Trade Setup:
• Entry Zone: $0.3000 – $0.3035
• Target 1 (TP1): $0.3100
• Target 2 (TP2): $0.3160
• Stop Loss (SL): $0.2890
⚡ Technical View:
Market structure is bullish with higher lows holding. A push above $0.3100 could unlock a quick move toward $0.3160.
🛡 Risk Note:
Watch for a clean breakdown below $0.2950 — that could flip the structure. Keep SL tight and size positions accordingly.
🔄 Strategy Breakdown:
This is a bullish continuation play after a healthy pullback. Strong reaction from support and bullish recovery candles confirm demand stepping in. We're targeting a retest of recent highs as momentum resumes.
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