PONS just bounced off the 20-day EMA and is testing a fresh swing high, looks like the next leg could be up.
đą $PONS LONG đ
Entry â $0.667532-$0.668868
Stop â $0.648154 (-3.0%)
TP1 â $0.678223 (+1.5%)
TP2 â $0.701610 (+5.0%)
R/R 1:1.7 âą Confidence 64%
We got a clean CHoCH on the 1h, CVD is spiking bullish, and a FVG lines up right under an OB â that overlap is a solid POI. The market is holding above the recent low, so the structure is bullish continuation.
A 3.0% stop is a bit tight, so stick to 5-10x max leverage to keep risk in check.
Take a slice at the first target around 1.7R and let the rest run.
Not financial advice â always manage your own risk đ
$PONS #PONSUSDT #AIStocksWhatNext #TradingSignals #Write2Earn
đą $PONS LONG đ
Entry â $0.667532-$0.668868
Stop â $0.648154 (-3.0%)
TP1 â $0.678223 (+1.5%)
TP2 â $0.701610 (+5.0%)
R/R 1:1.7 âą Confidence 64%
We got a clean CHoCH on the 1h, CVD is spiking bullish, and a FVG lines up right under an OB â that overlap is a solid POI. The market is holding above the recent low, so the structure is bullish continuation.
A 3.0% stop is a bit tight, so stick to 5-10x max leverage to keep risk in check.
Take a slice at the first target around 1.7R and let the rest run.
Not financial advice â always manage your own risk đ
$PONS #PONSUSDT #AIStocksWhatNext #TradingSignals #Write2Earn