Alright, $PONS/ETH on the 4H is sitting right on descending channel support. This is literally THE spot.
If we're gonna bounce, it's gotta be here. Clean entry setup if you're playing the channel — support is holding for now.
Either we rip from here or we break down and find a new low. No in-between. Watch this level closely.
If we're gonna bounce, it's gotta be here. Clean entry setup if you're playing the channel — support is holding for now.
Either we rip from here or we break down and find a new low. No in-between. Watch this level closely.
