Volume is a leading indicator of price. The $PONS 1-hour volume ratio is 4.7, with $6.26 million traded and a price change of -4.85%.
The price is falling on increased volume. Don’t rush to buy the dip in the short term; wait for volume to ease and the price to stabilize.
There’s no need to rush into buying the dip—wait for the price to stabilize for a safer entry.