A new low in $PONS 30 days; current price: 0.1798, previous low: 0.1835.
After a new low, three common scenarios:
① Rebound to the previous low, then fall again: downtrend continues
② Choppy trading around the previous low: positions change hands while the market waits for direction
③ Quickly reclaim and hold above the previous low: bear trap
Currently below the previous low; first, watch whether scenario ① or ② plays out.
#PONS
After a new low, three common scenarios:
① Rebound to the previous low, then fall again: downtrend continues
② Choppy trading around the previous low: positions change hands while the market waits for direction
③ Quickly reclaim and hold above the previous low: bear trap
Currently below the previous low; first, watch whether scenario ① or ② plays out.
#PONS