$PONS 24-hour revenue continues to rise and remains stable, while PUMP revenue is steadily declining.
From the 4-hour candlestick chart, the first two times it both pulled back to the 20-period moving average before continuing to take off. Currently, the 20-period moving average is around 0.58 and is gradually moving higher over time. This time is very likely to follow the same path: pull back, stabilize, and then rise again.
There is no negative news on the revenue side. After the huge volume surge yesterday, a proper consolidation is just a healthy candlestick pattern.
From the 4-hour candlestick chart, the first two times it both pulled back to the 20-period moving average before continuing to take off. Currently, the 20-period moving average is around 0.58 and is gradually moving higher over time. This time is very likely to follow the same path: pull back, stabilize, and then rise again.
There is no negative news on the revenue side. After the huge volume surge yesterday, a proper consolidation is just a healthy candlestick pattern.
