Everyone's staring at the $0.0354 print on $PONS but I think it's about to break out above that $0.04 resistance level.
$PONS - LONG
Entry: 0.035 – 0.036
SL: 0.033
TP1: 0.041
TP2: 0.045
TP3: 0.05
Why this setup?
* 1H RSI is coiled at 63
* 15m ATR is expanding
* My bias confidence is high due to the 1D timeframe divergence
* The 4H chart is armed for a squeeze.
Debate: Are you fading this breakout or riding the potential reclaim of $0.05?
$PONS