🚨 $PONS REJECTING LOCAL HIGHS AS SELLER SUPPLY FLOODS THE 15-MINUTE CHART! 📉
Entry: 0.52 🔻
Target: 0.473331 🎯
Stop Loss: 0.557336 ⚠️
📌 Momentum on the 15-minute timeframe is stalling fast after buyers failed to maintain speed above key resistance. 📊 Volume profiles show aggressive short absorption kicking in right around the 0.52 supply node as overhead liquidity gets swept.
💡 We are looking at a clear distribution pattern setting up for a sharp unwind down toward lower liquidity pools. 💬 Are you shorting this resistance retest or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #Crypto #Bearish #Trading
📉 🐻
Entry: 0.52 🔻
Target: 0.473331 🎯
Stop Loss: 0.557336 ⚠️
📌 Momentum on the 15-minute timeframe is stalling fast after buyers failed to maintain speed above key resistance. 📊 Volume profiles show aggressive short absorption kicking in right around the 0.52 supply node as overhead liquidity gets swept.
💡 We are looking at a clear distribution pattern setting up for a sharp unwind down toward lower liquidity pools. 💬 Are you shorting this resistance retest or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #Crypto #Bearish #Trading
📉 🐻