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Summary
• Price action on PUNDIXUSDT declined from 0.2246 to 0.2189, forming bearish engulfing and rejection patterns near 0.225.
• Volume spiked during key breakdowns below 0.2235 and 0.2215, confirming bearish momentum.
• RSI entered oversold territory near 0.2175, suggesting a possible short-term rebound.
• Volatility expanded as price moved outside Bollinger Bands during sharp 5-minute declines.
• Fibonacci support at 0.2205 and 0.2157 appears relevant in short-term bearish scenarios.
PundiX/Tether (PUNDIXUSDT) opened at 0.2246 on 2025-12-16 12:00 ET, reaching a high of 0.226 and a low of 0.2157, before closing at 0.2189 on 2025-12-17 12:00 ET. Total volume was approximately 271,735.1, with notional turnover reflecting bearish consolidation.
Looking ahead, a retest of 0.2205–0.2215 could trigger short-covering or a temporary bounce. However, a sustained close below 0.2157 may intensify bearish momentum. Investors should monitor volume dynamics and RSI divergence for early reversal signals.
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