Here’s a technical analysis post tailored for Binance with highlights and 3 price targets for $PUNDIX
/USDT:
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[Binance Technical Analysis: PUNDIX/USDT] – Momentum Builds After Massive Surge
Current Price: $0.5409 (+47.46%)
24h High / Low: $0.5635 / $0.3415
Volume (24h): 109.72M PUNDIX
PUNDIX has surged over 47% in 24h, signaling strong bullish momentum, likely fueled by increased demand and payment utility interest. With the price consolidating near $0.54 and breaking above the MA60 ($0.5400), traders should keep an eye on volume stability and resistance zones.
Key Technical Highlights:
Price holding above 5 & 10 MA, indicating short-term strength.
Strong volume spike, with over 63M PUNDIX on MA(5).
Depth resistance near $0.5644, suggesting a breakout level.
Short-Term Targets 🎯:
1. Target 1: $0.5700 – First breakout above resistance, testing short-term highs.
2. Target 2: $0.6000 – Psychological round level and potential FOMO zone.
3. Target 3: $0.6550 – Extension target if bullish momentum continues.
Support Levels:
$0.5242 (near-term support)
$0.5108 (volume base and short-term floor)
Traders are advised to watch price action at the $0.5644 level. A clean break with volume may lead to fast movement toward target 2.
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