I already shared an opinion before $PONS : before the pump, the price “washed” for a month, dropping from the highest point by about 70–80%. If it does a deep wash-out this time, it would be about the same level. The extreme low would be starting with 0.3. It would last about a month. During the wash-out, it will repeatedly bait more longs, insert needles, and keep making new lows. After one needle breaks and all high-leverage positions get blown out, the final run will lift from the lowest point by about 4–5 times to 1 USD. I personally experienced the entire pump process. It’s too heavy to be pumped upward.