$PONS is showing a short-term recovery, but the price is approaching a key resistance zone around $0.29.
The recent bounce has brought buyers back into the market, yet sellers could regain control at this level.
A rejection from resistance could push PONS toward $0.25, so watch how price reacts before expecting another move.
A strong breakout above $0.29 would weaken this bearish outlook. #Macro Insights# #MarketAnalysis #DeFi
The recent bounce has brought buyers back into the market, yet sellers could regain control at this level.
A rejection from resistance could push PONS toward $0.25, so watch how price reacts before expecting another move.
A strong breakout above $0.29 would weaken this bearish outlook. #Macro Insights# #MarketAnalysis #DeFi