$PUNDIX Longs Liquidated at $0.4214! Blood in the Streets – Opportunity Brewing?
The market just shook out weak hands with a $1.18K Long Liquidation around $0.4214 – and that’s our signal!
When fear peaks, smart money hunts!
Here's your full $PUNDIX Technical Battle Plan:
Buy Zone:
$0.4020 – $0.4180
– Strong support zone
– Multiple price rejections here in the past
– Oversold RSI on 4H and Daily timeframe
Targets (Short to Mid-Term):
Target 1: $0.4550 (Initial breakout test)
Target 2: $0.4920 (Resistance flip zone)
Target 3: $0.5320 (Major rally zone if momentum sustains)
Stop-Loss:
$0.3880
– Below the structure, safe cushion under support
– Protects capital if bearish momentum continues
Why This Trade?
Liquidation event + strong support = potential reversal
Hidden bullish divergence on RSI
Volume drying out – could explode on any news or BTC bounce
Warning: If BTC breaks down, invalidate the plan. Stick to stop-loss and manage risk.