$PONS — Is momentum turning bearish on the higher timeframe?
Sellers remain firmly in control as the 4-hour trend turns bearish. Previous support failed to hold and has now become strong resistance, with buyers repeatedly facing rejection on retests.
🔻 Short — Sell the retest of broken support
Entry 0.4079
Target 1: 0.3411 · Target 2: 0.261 · Target 3: 0.1875
Stop loss 0.4347
What invalidates this scenario: A candle close above the key resistance zone.
⚠️ Personal opinion only—not financial advice. Do your own research.
👇 To trade
$PONS here
PONSUSDT
Perpetual
0.4129
-2.18%
Sellers remain firmly in control as the 4-hour trend turns bearish. Previous support failed to hold and has now become strong resistance, with buyers repeatedly facing rejection on retests.
🔻 Short — Sell the retest of broken support
Entry 0.4079
Target 1: 0.3411 · Target 2: 0.261 · Target 3: 0.1875
Stop loss 0.4347
What invalidates this scenario: A candle close above the key resistance zone.
⚠️ Personal opinion only—not financial advice. Do your own research.
👇 To trade
$PONS here
PONSUSDT
Perpetual
0.4129
-2.18%
