PONS is carving a tight range as the market eyes a potential breakout, and the latest Binance Square trade hints at a bullish swing. Momentum is stacking on the upside as volume and order flow align.
đ˘ $PONS LONG đ â Trade Plan
⢠Entry: $0.569929 â $0.571070
⢠Stop: $0.553385 (-3.0%)
⢠Target 1: $0.579058 (+1.5%)
⢠Target 2: $0.599025 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The CHoCH on the 1âhour chart tore through resistance, while CVD surged confirming buying pressure. A fresh FVG sits just above the break, and the overlapping OB creates a POI that reinforces the entry. With the price now sitting near the lower edge of the gap, the confluence paints a classic continuation pattern.
A 3.0% stop is fairly tight, so a modest 5â10x leverage keeps risk in check.
Consider taking half profit at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice đ
$PONS #PONSUSDT #BigBangThesis #TradingSignals #Write2Earn
đ˘ $PONS LONG đ â Trade Plan
⢠Entry: $0.569929 â $0.571070
⢠Stop: $0.553385 (-3.0%)
⢠Target 1: $0.579058 (+1.5%)
⢠Target 2: $0.599025 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The CHoCH on the 1âhour chart tore through resistance, while CVD surged confirming buying pressure. A fresh FVG sits just above the break, and the overlapping OB creates a POI that reinforces the entry. With the price now sitting near the lower edge of the gap, the confluence paints a classic continuation pattern.
A 3.0% stop is fairly tight, so a modest 5â10x leverage keeps risk in check.
Consider taking half profit at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice đ
$PONS #PONSUSDT #BigBangThesis #TradingSignals #Write2Earn