$PUNDIX
/USDT Technical Analysis: Setting Targets for the Next Move
The PUNDIX/USDT pair has been showing an upward momentum over the past 24 hours, gaining +4.14%. As we look at the charts, we can identify potential target levels that traders might want to monitor for the next significant moves.
Current Price: $0.4730 (+4.14%)
Target Levels šÆ:
1. First Target: $0.4800
With the recent price approaching $0.4777, the next immediate resistance stands at $0.4800. A breakout above this level could fuel further gains.
2. Second Target: $0.4900
The next key level lies around $0.4900. A push past $0.4800 could trigger a surge towards this psychological resistance level.
3. Third Target: $0.5000
For the more ambitious traders, $0.5000 could be the ultimate target. If the upward momentum continues, this level could act as the next strong resistance point.
Key Support Levels:
$0.4457 (24h Low)
$0.4300 (Potential Bounce Zone)
Conclusion:
Keep an eye on the price action near the resistance levels of $0.4800 and $0.4900. A breakout above these levels could signal further bullish movement, while a failure to break above might result in a consolidation or pullback towards support.
Happy trading on Binance!