💎 Paradisers, #PUNDIX has recently exhibited significant market dynamics. Currently, PUNDIX is attempting to move upward and break out of the key resistance area.
💎 However, it has faced rejection multiple times in the past when trying to break out. If PUNDIX successfully breaks above the resistance area this time, it could potentially continue its upward movement and reach our target area at the strong resistance level.
💎 On the other hand, if PUNDIX fails to break out of the resistance area once again, there is a possibility of it retracing back to the support area around $0.76 to gather momentum for another attempt.
💎 At the support area, it is crucial for PUNDIX to bounce and resume its upward movement in order to make another breakout attempt. However, if PUNDIX breaks below the support, it could confirm a bearish trend continuation, leading to further downward movement.
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