$PONS is getting interesting after that liquidity sweep.
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
For me, the cleaner trade is a rejection around $0.3033–$0.3055, not a late short underneath it. The setup is invalid if price cleanly crosses $0.3086.
Would you trade this short setup now, or wait for a cleaner reaction?
#PONS #Trading
Trade plan: SHORT
Entry: $0.3033 - $0.3055
SL: $0.3086
TP1: $0.2962
TP2: $0.2943
TP3: $0.294
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
For me, the cleaner trade is a rejection around $0.3033–$0.3055, not a late short underneath it. The setup is invalid if price cleanly crosses $0.3086.
Would you trade this short setup now, or wait for a cleaner reaction?
#PONS #Trading
Trade plan: SHORT
Entry: $0.3033 - $0.3055
SL: $0.3086
TP1: $0.2962
TP2: $0.2943
TP3: $0.294