$PONS long — Reclaiming key MAs, targeting a breakout to $0.175 🚀
PONS is showing a strong bullish reversal on the 1H chart after bouncing hard from the $0.1394 support zone. The price has successfully reclaimed the MA(25) and MA(99) levels, turning them into support. A clean 1H close above the $0.1600 resistance will confirm the continuation of the uptrend and open the path toward recent highs.
Entry: 1H close above $0.1600
SL: Below $0.1480 (Under the MA cluster)
Target 1: $0.1665 (24h High)
Target 2: $0.1750
If $0.1480 breaks down, the setup is invalid — cut your losses.
$PONS
DYOR. NFA. Always use strict risk management.
#PONS #TradeIdea #IMPACTbyTrade
PONS is showing a strong bullish reversal on the 1H chart after bouncing hard from the $0.1394 support zone. The price has successfully reclaimed the MA(25) and MA(99) levels, turning them into support. A clean 1H close above the $0.1600 resistance will confirm the continuation of the uptrend and open the path toward recent highs.
Entry: 1H close above $0.1600
SL: Below $0.1480 (Under the MA cluster)
Target 1: $0.1665 (24h High)
Target 2: $0.1750
If $0.1480 breaks down, the setup is invalid — cut your losses.
$PONS
DYOR. NFA. Always use strict risk management.
#PONS #TradeIdea #IMPACTbyTrade