📢 $PUNDIX / $USDT | 🟢 LONG | ⭐ 59.9%
🎯 Target: $0.09857. Will it reach it?
🎯 Trade levels:
🟢 Entry: $0.0961
🛑 Stop Loss: $0.0948
🏁 TP1: $0.09857
🏁 TP2: $0.1
📈 Analysis:
The structure of $PUNDIX shows a bullish alignment across all timeframes, with an ADX of 34.74 confirming a strong trend and a bullish MACD crossover (indicator that measures price momentum) supporting the continuation of the move. The technical confluence is supported by double and triple bottom patterns, while the price trades above the 20, 50, and 200 EMAs, maintaining a structure of higher highs and higher lows.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1h
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks below the support level at $0.0948, invalidating the current momentum. It is necessary to watch for a break above the immediate resistance at $0.09909 with an increase in volume to confirm the definitive breakout.
Do you think the current volume is enough to break the resistance at $0.09909?
💡 This analysis is educational and is not financial advice. Do your own research and decide calmly.
#crypto #PUNDIX #trading #Futures #Bullish
🎯 Target: $0.09857. Will it reach it?
🎯 Trade levels:
🟢 Entry: $0.0961
🛑 Stop Loss: $0.0948
🏁 TP1: $0.09857
🏁 TP2: $0.1
📈 Analysis:
The structure of $PUNDIX shows a bullish alignment across all timeframes, with an ADX of 34.74 confirming a strong trend and a bullish MACD crossover (indicator that measures price momentum) supporting the continuation of the move. The technical confluence is supported by double and triple bottom patterns, while the price trades above the 20, 50, and 200 EMAs, maintaining a structure of higher highs and higher lows.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1h
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks below the support level at $0.0948, invalidating the current momentum. It is necessary to watch for a break above the immediate resistance at $0.09909 with an increase in volume to confirm the definitive breakout.
Do you think the current volume is enough to break the resistance at $0.09909?
💡 This analysis is educational and is not financial advice. Do your own research and decide calmly.
#crypto #PUNDIX #trading #Futures #Bullish
