$PUNDIX Consolidates Near Highs: Breakout in Sight?
$PUNDIX is currently trading at $0.5679, holding steady after a strong surge from its low of $0.5240 to a 24-hour high of $0.5800. On the 15-minute chart, the price is consolidating, suggesting a potential breakout as momentum builds. Immediate resistance lies at $0.5720, with short-term targets at $0.5750 and $0.5800 if the bulls regain control.
Support is forming around $0.5620, acting as a safety net for traders. A stop loss at $0.5550 is recommended to manage downside risks. With RSI at 61, the price remains in bullish territory, leaving room for further upward movement. Traders should watch closely as PUNDIX prepares for its next move.
