$PONS just swept a key level and reclaimed it.
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
I would rather see price reject around $0.4597–$0.463 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.465.
Is this level enough for you, or do you want another confirmation first?
#PONS #Trading
Trade plan: SHORT
Entry: $0.4597 - $0.463
SL: $0.465
TP1: $0.4557
TP2: $0.4491
TP3: $0.4439
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
I would rather see price reject around $0.4597–$0.463 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.465.
Is this level enough for you, or do you want another confirmation first?
#PONS #Trading
Trade plan: SHORT
Entry: $0.4597 - $0.463
SL: $0.465
TP1: $0.4557
TP2: $0.4491
TP3: $0.4439
