The most dangerous word in small-cap crypto is “cheap.”
$PUNDIX is trading around the $0.083 to $0.085 area after a sharp selloff, and it is now sitting close to the $0.081 support zone. That makes this a decision point, not an automatic dip-buy.
For me, the bullish case only gets interesting if PUNDIX reclaims $0.090 and then breaks $0.095 with real volume. That could open a move toward $0.103 and later $0.119.
But if $0.081 fails, the market may revisit the recent $0.074 low.
My takeaway: do not buy a red candle just because it looks cheap. Let price prove that buyers are back.
Would you start scaling near support or wait for the $0.095 breakout confirmation? $PUNDIX
$PUNDIX is trading around the $0.083 to $0.085 area after a sharp selloff, and it is now sitting close to the $0.081 support zone. That makes this a decision point, not an automatic dip-buy.
For me, the bullish case only gets interesting if PUNDIX reclaims $0.090 and then breaks $0.095 with real volume. That could open a move toward $0.103 and later $0.119.
But if $0.081 fails, the market may revisit the recent $0.074 low.
My takeaway: do not buy a red candle just because it looks cheap. Let price prove that buyers are back.
Would you start scaling near support or wait for the $0.095 breakout confirmation? $PUNDIX