Market Overview: Pundi X (PUNDIXUSDT) 24-Hour Technical Summary

• Pundi X consolidates between 0.298–0.302 on heavy volume, forming indecisive doji near 0.3001–0.3009.
• Price retreated from 0.3043 high to test prior support-turned-resistance near 0.298–0.2995.
• RSI remains neutral with no overbought/oversold extremes, but MACD signals weakening bullish momentum.
• Volatility and turnover surged in the last 12 hours, indicating increased speculative interest.

At 12:00 ET on August 5, 2025, PUNDIXUSDT opened at 0.3008. Over the next 24 hours, it reached a high of 0.3043 and a low of 0.2960, closing at 0.2999 at 12:00 ET on August 6. The total volume traded was 1,388,340.9 with a notional turnover of $423,135.90, showing a spike in activity during the early morning hours.

Structure & Formations

The Pundi X price profile over the past 24 hours shows a key consolidation range between 0.298 and 0.302. The high of 0.3043 marked a short-lived breakout attempt, but price reversed back into the range. A doji formed near 0.3001, suggesting a balance between buyers and sellers. A bearish engulfing pattern was observed at 0.3003–0.2978, which may have triggered some short-term selling pressure. The 0.2995–0.3005 area appears to be a key pivot for near-term direction.

Moving Averages

On the 15-minute chart, the 20-period MA is currently sitting at approximately 0.3004, while the 50-period MA sits slightly below at 0.2998. On a daily basis, the 50-period, 100-period, and 200-period MAs suggest a mixed picture, with no clear trend forming. Price remains within the 0.298–0.302 trading band, which is also aligned with the 50- and 100-day averages.

MACD & RSI

The MACD histogram has been trending lower in the last few hours, indicating waning bullish momentum following the 0.3043 high. The RSI currently reads around 52, signaling a neutral stance with no overbought or oversold conditions. However, the RSI has shown some divergence in the 0.298–0.300 range, suggesting potential volatility ahead if the trend breaks out of the range.

Bollinger Bands

The Bollinger Bands have widened in the last 8 hours, reflecting increased volatility following the failed breakout attempt. Price action has bounced near the mid-band and is now consolidating closer to the lower band. A close below the lower band could signal a short-term bearish shift.

Volume & Turnover

Volume spiked during the 02:00–04:00 ET window, corresponding with a drop in price to 0.2960. A second volume surge occurred between 09:00–11:00 ET as price rebounded toward 0.3005. The volume profile suggests strong participation at the 0.298–0.300 level. Turnover and volume appear aligned, with no clear divergence suggesting a false break.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 0.2960–0.3043 swing, the 61.8% level sits at 0.3004, which has been a key pivot area. Price has bounced from this level twice, suggesting it could hold as support if the trend retests it. The 38.2% retracement is at 0.2993 and has already been tested twice, showing increasing relevance for near-term structure.

Pundi X appears to be in a consolidation phase, with a critical inflection point at 0.2995–0.3005. A break above this could trigger renewed buying interest, while a sustained drop below 0.298 may lead to deeper correction. Investors should monitor volume and RSI behavior closely for early signals of breakout or breakdown.