Heads-Up: $PUNDIX Rally Losing Steam Short Setup Brewing❗$PUNDIX pumped hard to $0.3114, but bulls couldn't hold the line. A strong rejection at the top left a long upper wick on the hourly chart a clear red flag that profit-taking has kicked in.
Now trading at $0.2725, the price has slipped under the key $0.2800 zone, printing consecutive red candles and showing fading momentum. RSI(6) is dropping toward mid-range, and STORCH RSI is tilting down — signs that buying pressure is cooling off.
Bears might press further if price stays below $0.2850. If the price breaks beneath $0.2680 with volume, the downside could snowball.
Pro Tip: Lock partial gains at each target and move your stop-loss lower after Target 1 for safer trailing profits.
Watch out this one’s sliding from the peak, and the pullback may just be getting started!
