🚨 $PONS BREAKS KEY STRUCTURE AS MOVING AVERAGES ALIGN FOR A TREND CONTINUATION DOWNSIDE! 📉
Entry: 0.2779 ⚡
Target: 0.270103 🎯
Stop Loss: 0.284138 ⚠️
📌 The bears have taken full control of the tape as $PONS trades heavy beneath its 200 EMA. With the 20, 50, and 200 EMAs stacked in classic bearish alignment and MACD histograms sinking deeper into the red, sellers are capping every relief attempt with authority.
🔍 Sub-50 RSI signals that downward momentum remains intact, setting up this shallow pullback as a clean trend continuation play toward lower liquidity pockets. 💬 Are you pressing the short on this retest, or waiting for a cleaner flush beneath support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #TrendContinuation #Altcoins #Trading
🎯 🐻
Entry: 0.2779 ⚡
Target: 0.270103 🎯
Stop Loss: 0.284138 ⚠️
📌 The bears have taken full control of the tape as $PONS trades heavy beneath its 200 EMA. With the 20, 50, and 200 EMAs stacked in classic bearish alignment and MACD histograms sinking deeper into the red, sellers are capping every relief attempt with authority.
🔍 Sub-50 RSI signals that downward momentum remains intact, setting up this shallow pullback as a clean trend continuation play toward lower liquidity pockets. 💬 Are you pressing the short on this retest, or waiting for a cleaner flush beneath support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #TrendContinuation #Altcoins #Trading
🎯 🐻