$PONS SHORT SETUP | 1H
Price is retracing within the established bearish trend.
Entry zone: 0.4174–0.4189
Stop loss: 0.4246
Targets: TP1 0.4043 (2.12R) / TP2 0.401 (2.63R) / TP3 0.3939 (3.72R)
Scale out: 20% / 30% / 50%
Considerations: the direction conflicts with the BTC 4H filter; estimated EV is -0.40R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.