$PONS 24-hour low confirmed.
24h -4.32%, current price 0.1416, previous low 0.1423.
Structurally, a new low means the bulls' defensive line has been breached. First, watch whether the rebound can reclaim the previous low; if it can't, the weakness is likely to continue. Only a recovery could potentially form a bottoming structure. Which side are you on? Share your thoughts in the comments.
#PONS
24h -4.32%, current price 0.1416, previous low 0.1423.
Structurally, a new low means the bulls' defensive line has been breached. First, watch whether the rebound can reclaim the previous low; if it can't, the weakness is likely to continue. Only a recovery could potentially form a bottoming structure. Which side are you on? Share your thoughts in the comments.
#PONS