【See the Rise】
PUNDIX is currently at 0.1142, up 3.72% over the past 24 hours. The 7-day gain is 18.10%. The intraday range is 0.1097–0.1276, with a 16.3% amplitude.
【Market Overview】
During the market’s base-building phase, PUNDIX can still stay green for the past 24 hours, indicating independent capital is propping it up.
Around 0.1097 is the launch point of this round of uptrend; a pullback to this level offers a decent risk-reward.
Meanwhile, the broader market is only down 0.61% over the same period. PUNDIX’s 3.72% rise represents an above-market return.
In the short term, the outlook is bullish.
【Reasons to Be Bullish】
A 3.72% gain in 24 hours combined with the volatility of 0.1097–0.1276 suggests that the side bidding for long positions is currently in control.
The 0.1276 level has been tested repeatedly, and the bulls have not shown any willingness to back off for now.
The short-term rise is a bit fast, and the risk of a needle-like spike cannot be ignored. Waiting for a pullback and confirmation before acting is safer.
For trading, set 0.1097 as the stop-loss level, and look upward for a breakout from 0.1276.
$PUNDIX #PUNDIX