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$PUNDIX Vertical Ignition: Smart Money Order Block Retest Before $0.1200 Re-Expansion
โ๐ Market Bias: Strongly Bullish (Impulsive Structural Expansion)
Pundi X (
$PUNDIX /USDT) has staged a dramatic bullish expansion on the 1-Hour timeframe, breaking out from a low-volatility baseline near $0.0903 to execute a vertical liquidity sweep straight up to $0.1200. Following this explosive rally, price action is consolidating near $0.1088, maintaining a strong holding position above the 1H SuperTrend dynamic floor ($0.1014). Fundamental sentiment is bolstered by Pundi Xโs strategic pivot into Solana-based AI DeFi integrations with ChimpX and expanded global merchant payment rollouts.
โ๐ฏ Trade Setup: LONG ON RETEST
โPrimary Plan: Position for a LONG entry as price executes a controlled pullback into the 1H Fair Value Gap (FVG) and intraday order block before initiating the next re-expansion leg.
โEntry Zone: $0.0990 โ $0.1035 (Discount Demand Zone / 1H FVG Retest Area)
โStop Loss: $0.0955 (Placed safely below the 1H SuperTrend support at $0.1014)
โTake Profit Targets:
โTP1: $0.1200 (Local Swing High / Buy-Side Liquidity Peak)
โTP2: $0.1310 (1.272 Fibonacci Extension Target)
โTP3: $0.1450 (High-Timeframe Overhead Resistance Zone)
โRisk-to-Reward Ratio: ~1:2.7 (Calculated from optimal entry near $0.1010)
โTrade Invalidation: 1-Hour candle closing below $0.0955.
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