$PUNDIX USDT – RELIEF BOUNCE OR DEAD CAT? BULLS DEFEND $0.358
LARGE DROP FROM $0.395
BOUNCE ATTEMPT BEGINS OFF KEY SUPPORT
After surging to a 24h high of $0.3951, $PUNDIX plunged sharply, printing a low at $0.3582 before buyers stepped in. Currently trading at $0.3645, the price is attempting a minor recovery — but the Parabolic SAR remains bearish above at $0.3842.
If momentum continues, reclaiming $0.3726–$0.38 range is key for a trend reversal.
SCALP TRADE SETUP – SHORT-TERM LONG • Entry: $0.362–$0.366
• Target 1: $0.373
• Target 2: $0.384
• Stop Loss: $0.354
A clean break above $0.384 could invalidate the bearish structure. But if price stalls here, a revisit to $0.3537 or lower remains possible.
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