๐จ $PONS HITTING HEAVY OVERHEAD SUPPLY AS BEARISH DISTRIBUTION BEGINS! ๐
Entry: 0.59420 - 0.60540 โก
Target: 0.55960 - 0.49260 ๐
Stop Loss: 0.65340 โ ๏ธ
๐ $PONS has tapped directly into a high-confluence supply zone between 0.59420 and 0.60540, where aggressive seller defense is capping upside momentum. ๐ Order flow dynamics indicate heavy distribution at this pivot, signaling a sharp rotation down toward lower demand pools.
๐ As long as price remains capped below invalidation, the path of least resistance favors a swift expansion toward the lower targets down to 0.49260. ๐ฌ Are you shorting this structural rejection or sitting on the sidelines? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #CryptoTrading #Bearish
๐ ๐ป
Entry: 0.59420 - 0.60540 โก
Target: 0.55960 - 0.49260 ๐
Stop Loss: 0.65340 โ ๏ธ
๐ $PONS has tapped directly into a high-confluence supply zone between 0.59420 and 0.60540, where aggressive seller defense is capping upside momentum. ๐ Order flow dynamics indicate heavy distribution at this pivot, signaling a sharp rotation down toward lower demand pools.
๐ As long as price remains capped below invalidation, the path of least resistance favors a swift expansion toward the lower targets down to 0.49260. ๐ฌ Are you shorting this structural rejection or sitting on the sidelines? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #CryptoTrading #Bearish
๐ ๐ป
