$PONS Looks strong after building support around the bottoms.
After the sell-off following the launch, the price found support around $0.49 - $0.51 and is now rebounding strongly.
The current price is near $0.60, showing that buyers are returning to the front.
As long as the $0.49 - $0.51 support zone holds, the recovery setup remains bullish.
Scalping / small swing setup
Entry: around the current market price
Target: $0.70 - $0.75
SL: below $0.49
My friend, don’t go all-in. Use an appropriate position size, and SL and TP.
This is only what the technical chart currently shows.
Trade on $PONS
After the sell-off following the launch, the price found support around $0.49 - $0.51 and is now rebounding strongly.
The current price is near $0.60, showing that buyers are returning to the front.
As long as the $0.49 - $0.51 support zone holds, the recovery setup remains bullish.
Scalping / small swing setup
Entry: around the current market price
Target: $0.70 - $0.75
SL: below $0.49
My friend, don’t go all-in. Use an appropriate position size, and SL and TP.
This is only what the technical chart currently shows.
Trade on $PONS
