$PONS UPDATE: 45% DUMP FROM OUR BEARISH ENTRY
#PONS has delivered another aggressive downside move, falling approximately 45% from our bearish entry zone. Hope you managed to lock in some profits along the way.
The key $0.6258 support/inducement zone has now been decisively broken, confirming further weakness in the $PONS/USDT market structure.
WHAT'S NEXT FOR $PONS? 🔻
→ Expected Retracement: 40–80%
→ First Major Target: $0.3786
→ Extended Bearish Target: $0.10
If selling pressure continues and bulls fail to reclaim the broken levels, PONS could potentially revisit the $0.10 region.
Until price reclaims the key invalidation zone, the bearish thesis remains active.
Disclaimer: Personal market outlook, not financial advice. Crypto is highly volatile. Always manage risk and DYOR.
#PONS has delivered another aggressive downside move, falling approximately 45% from our bearish entry zone. Hope you managed to lock in some profits along the way.
The key $0.6258 support/inducement zone has now been decisively broken, confirming further weakness in the $PONS/USDT market structure.
WHAT'S NEXT FOR $PONS? 🔻
→ Expected Retracement: 40–80%
→ First Major Target: $0.3786
→ Extended Bearish Target: $0.10
If selling pressure continues and bulls fail to reclaim the broken levels, PONS could potentially revisit the $0.10 region.
Until price reclaims the key invalidation zone, the bearish thesis remains active.
Disclaimer: Personal market outlook, not financial advice. Crypto is highly volatile. Always manage risk and DYOR.
