PUNDIXUSDT Update
🔹 Current Price: 0.419 USDT
🔹 Volume: 65,831,867 PUNDIX traded
Key indicators to watch:
🔸 RSI(14): 81.99 (Overbought)
🔸 MFI(14): 91.68 (Overbought)
🔸 CCI(14): 453.98 (Overbought)
🔸 Price near the upper Bollinger Band, suggesting overbought conditions.
📈 Bullish Signals:
✅ Price above SMA(50), confirming an uptrend.
✅ MOM(10) remains bullish.
✅ MACD shows a bullish crossover.
✅ ADX indicates a strong trend.
✅ Parabolic SAR supports bullish momentum.
✅ TD Sequential: "2 Up" signals trend continuation.
Conclusion:
While the trend is bullish, the overbought signals (RSI, MFI, CCI) and proximity to the upper Bollinger Band suggest caution. A potential price correction or consolidation could be near.