PUNDIX - Daily - "New Redenomination Support In Progress"

Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Open interest has been increasing for PUNDIX. Meaning several shorts and longs are being placed.
2.) Based on the social activity indicator, the fuchsia dot clustering suggests consolidation.
3.) A close and hold above the 0.618 FIB, would allow for a move to the next FIB zone.

➡️Fundamental Standpoint⬅️
1.) Deflationary based token burn to occur between the first and second week of July.
2.) Total supply around 260 mil.
3.) Market cap around $750 mil.

➡️Current Season⬅️
- Altseason / 105 Days

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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.

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