๐จ $PONS BREAKDOWN IMMINENT AS SELLERS CLAMP DOWN BELOW THE KEY MOVING AVERAGES! ๐
Entry: 0.2342 ๐ฅ
Target: 0.227007 ๐ฏ
Stop Loss: 0.239954 ๐
๐ Sellers are firmly defending overhead resistance as $PONS stalls out beneath its 200 EMA. The 20, 50, and 200 moving averages have locked into clean bearish alignment, turning every shallow pullback into trapped liquidity.
๐ Momentum is tilting decisively south with negative MACD expansion and volume expanding 1.18x above average. The bid side is thinning out fast as distribution takes control across the 15-minute chart.
๐ฌ Are you shorting this continuation or waiting for a flush beneath the lows? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #Bearish #Trading #Crypto
๐ โก
Entry: 0.2342 ๐ฅ
Target: 0.227007 ๐ฏ
Stop Loss: 0.239954 ๐
๐ Sellers are firmly defending overhead resistance as $PONS stalls out beneath its 200 EMA. The 20, 50, and 200 moving averages have locked into clean bearish alignment, turning every shallow pullback into trapped liquidity.
๐ Momentum is tilting decisively south with negative MACD expansion and volume expanding 1.18x above average. The bid side is thinning out fast as distribution takes control across the 15-minute chart.
๐ฌ Are you shorting this continuation or waiting for a flush beneath the lows? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #Bearish #Trading #Crypto
๐ โก
