$PONS is losing momentum after pushing as high as $0.8472, with the 15m chart now showing lower highs and increased selling pressure around $0.7793. I’m watching $0.7700 as the immediate support, while a reclaim of $0.8035 could improve the short term structure.
The broader macro picture is also worth watching after August NFP came in at 162K versus 56K expected, boosting the US dollar and Treasury yields. I’m keeping an eye on the USDOLLARINDEX on BingX as the market digests the stronger data and its impact on risk assets.
#BTC Price Analysis# #Macro Insights# #Altcoin Season# $BTC
The broader macro picture is also worth watching after August NFP came in at 162K versus 56K expected, boosting the US dollar and Treasury yields. I’m keeping an eye on the USDOLLARINDEX on BingX as the market digests the stronger data and its impact on risk assets.
#BTC Price Analysis# #Macro Insights# #Altcoin Season# $BTC
