Watching the development on $PUNDIX, the bearish case looks increasingly compelling here. After a prolonged distribution phase at the highs, the asset is struggling to reclaim lost levels. We are seeing repeated rejections at the moving averages, and orde

Watching the development on $PUNDIX, the bearish case looks increasingly compelling here. After a prolonged distribution phase at the highs, the asset is struggling to reclaim lost levels. We are seeing repeated rejections at the moving averages, and order flow data shows larger players actively offloading into strength. This weak structure leaves the market exposed to a significant downward correction in the near term.

👇 If this setup makes sense to you, drop a follow — more trading logic coming.

🎯 ENTRY: $0.1248
🏆 TP1: $0.1175
🏆 TP2: $0.114
🏆 TP3: $0.1096
🏆 TP4: HOLD