๐ Is this exhaustion at the top for $PUNDIX, or one more leg up first?
Here's the setup building on $PUNDIX:
$PUNDIX /USDT โ SHORT
๐ Entry: 0.11343 โ 0.113751
๐ Stop-loss: 0.117721
Targets ๐ฏ
TP1: 0.11333
TP2: 0.11333
TP3: 0.11333
Why this setup?
โข Price rejected at EMA200 (0.115708) resistance
โข Volume at only 0.76x average โ low participation, confirmation still needed
โข RSI at 28.4 โ oversold zone, mean-reversion potential
โข ATR of 0.000804 โ use this to size positions for current volatility
โ ๏ธ Always DYOR โ this is not financial advice.
Watching this closely ๐ $PUNDIX
Here's the setup building on $PUNDIX:
$PUNDIX /USDT โ SHORT
๐ Entry: 0.11343 โ 0.113751
๐ Stop-loss: 0.117721
Targets ๐ฏ
TP1: 0.11333
TP2: 0.11333
TP3: 0.11333
Why this setup?
โข Price rejected at EMA200 (0.115708) resistance
โข Volume at only 0.76x average โ low participation, confirmation still needed
โข RSI at 28.4 โ oversold zone, mean-reversion potential
โข ATR of 0.000804 โ use this to size positions for current volatility
โ ๏ธ Always DYOR โ this is not financial advice.
Watching this closely ๐ $PUNDIX