A trader stop-lossed and fully exited PONS and Artificial Inu, losing $645,000
Bull and bear cases:
Reasons to be bullish: With the negative news now out, one source of uncertainty has been removed;
Reasons to be bearish: Sentiment has been affected, and short-term buying may ease off;
My take: Both sides have a case. Ultimately, it comes down to how $PONS 's price and trading volume move.
$PONS is currently at 0.2652, down 7.08% in 24h, with a 24h range of 0.2426–0.2918.
Bull and bear cases:
Reasons to be bullish: With the negative news now out, one source of uncertainty has been removed;
Reasons to be bearish: Sentiment has been affected, and short-term buying may ease off;
My take: Both sides have a case. Ultimately, it comes down to how $PONS 's price and trading volume move.
$PONS is currently at 0.2652, down 7.08% in 24h, with a 24h range of 0.2426–0.2918.