$PUNDIX Price Analysis: Bullish Breakout Holds Ground – More Upside Ahead?
PUNDIX/USDT is currently trading at $0.5768, up nearly 6% in the last 24 hours. The 4-hour chart shows strong bullish momentum, with the token soaring over 125% in the past 30 days and 94% in just the last 7 days.
Key Technical Highlights:
Bullish Breakout: The sharp rally in early May broke through key resistance levels, pushing price as high as $0.60.
Current Consolidation: Price is now ranging between $0.55 and $0.60, forming a potential bullish flag or continuation pattern.
Volume Spike: The volume increased significantly during the breakout, supporting the strength of the move.
What to Watch:
A break above $0.60 could trigger the next leg higher toward $0.68–$0.70.
If price fails to hold above $0.55, a pullback to the $0.50–$0.48 zone is possible before another move up.
Conclusion:
PUNDIX remains one of the strongest performers in the market right now. As long as it maintains the $0.55 support, bulls are in control and a further rally looks likely.