#pons After falling from its high, the first decline was about 45%. The current second correction is around 65%, with the price fluctuating around the 0.275 support level and within the 0.37–0.43 resistance zone. The bottoming pattern still needs time to confirm.
As the market cap has fallen to around $200 million, combined with the team’s continued efforts to develop the ecosystem, the value proposition at these lower levels is improving.
In the short term, watch how support holds; assess the rebound potential once a bottom is confirmed.
As the market cap has fallen to around $200 million, combined with the team’s continued efforts to develop the ecosystem, the value proposition at these lower levels is improving.
In the short term, watch how support holds; assess the rebound potential once a bottom is confirmed.