🐋 $PONS hit a new 24-hour low; selling pressure has not eased.
Current price: 0.3246, below the previous low of 0.3359; 24-hour trading volume: $38.43 million.
Many long-position stop-loss orders tend to cluster below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for large buy orders stepping in at lower levels.
#PONS
Current price: 0.3246, below the previous low of 0.3359; 24-hour trading volume: $38.43 million.
Many long-position stop-loss orders tend to cluster below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for large buy orders stepping in at lower levels.
#PONS