PONS DOWN 53% FROM OUR SHORT ZONE! IS $0.10 NEXT?
On September 9, I warned traders against FOMO buying PONS near ATH and highlighted the potential downside.
Now, PONS is down 53% from our short entry zone and 57% from ATH. Many doubted the analysis, but the chart tells the story.
PONS Price Prediction: Bearish Outlook
🔻 Target 1: $0.6258 ✅
➡️ Target 2: $0.3786 (Almost Hit)
➡️ Final Targets: $0.155–$0.10
➡️ Invalidation: 4H close above $0.87
My advice: BOOK PROFITS. Don't get greedy. I remain bearish, but the next downside move isn't guaranteed.
A hypothetical 5x short could show approximately 265% ROI on margin after a 53% favorable price move.
Will PONS hit $0.10 next?
NFA & DYOR
PONSUSDT
Perp
0.4154
-3.23%
