$PONS
The 4-hour trend has now reached a critical position.
The current downward trendline is hovering around $0.54–0.55,
and the key support below is still around $0.50.
The MACD has started to recover,
but we still can’t say it has reversed.
I only look at two signals:
Don’t break 0.50,
can 0.55 break out with volume.
Once it moves above 0.55,
this round of the downward structure will truly begin to change.
If it breaks below 0.50,
we need to reassess.
$PONS ⛰️
Not investment advice.
The 4-hour trend has now reached a critical position.
The current downward trendline is hovering around $0.54–0.55,
and the key support below is still around $0.50.
The MACD has started to recover,
but we still can’t say it has reversed.
I only look at two signals:
Don’t break 0.50,
can 0.55 break out with volume.
Once it moves above 0.55,
this round of the downward structure will truly begin to change.
If it breaks below 0.50,
we need to reassess.
$PONS ⛰️
Not investment advice.
