👀 Is this exhaustion at the top for $PUNDIX, or one more leg up first?
Here's the setup building on $PUNDIX:
$PUNDIX /USDT — SHORT
📍 Entry: 0.11343 – 0.113751
🛑 Stop-loss: 0.117721
Targets 🎯
TP1: 0.11333
TP2: 0.11333
TP3: 0.11333
Why this setup?
• Price rejected at EMA200 (0.115708) resistance
• Volume at only 0.76x average — low participation, confirmation still needed
• RSI at 28.4 — oversold zone, mean-reversion potential
• ATR of 0.000804 — use this to size positions for current volatility
⚠️ Always DYOR — this is not financial advice.
Watching this closely 👀 $PUNDIX
Here's the setup building on $PUNDIX:
$PUNDIX /USDT — SHORT
📍 Entry: 0.11343 – 0.113751
🛑 Stop-loss: 0.117721
Targets 🎯
TP1: 0.11333
TP2: 0.11333
TP3: 0.11333
Why this setup?
• Price rejected at EMA200 (0.115708) resistance
• Volume at only 0.76x average — low participation, confirmation still needed
• RSI at 28.4 — oversold zone, mean-reversion potential
• ATR of 0.000804 — use this to size positions for current volatility
⚠️ Always DYOR — this is not financial advice.
Watching this closely 👀 $PUNDIX