$PONS Short Setup — Consistent Downtrend & Support Breakdown
PONS is showing relentless selling pressure on the 1h chart, sliding continuously from $0.6600 down to print new low levels at $0.5248. Each minor bounce is getting shut down quickly by sellers creating lower highs.
Bearish momentum remains dominant across all candles. A break below local support opens up a clear path down to deeper demand zones.
📍 Entry: $0.5297
🎯 TP1: $0.4800
🎯 TP2: $0.4300
🛑 SL: $0.5800
⚖️ R:R: 1:2 | Risk 1% | Reward 2%
Sellers are in full control here! Will PONS dump straight down to $0.4800?
— ANiii Trader Analysis 📊
👇 Click to Open Trade
$LSK
$BTW
PONS is showing relentless selling pressure on the 1h chart, sliding continuously from $0.6600 down to print new low levels at $0.5248. Each minor bounce is getting shut down quickly by sellers creating lower highs.
Bearish momentum remains dominant across all candles. A break below local support opens up a clear path down to deeper demand zones.
📍 Entry: $0.5297
🎯 TP1: $0.4800
🎯 TP2: $0.4300
🛑 SL: $0.5800
⚖️ R:R: 1:2 | Risk 1% | Reward 2%
Sellers are in full control here! Will PONS dump straight down to $0.4800?
— ANiii Trader Analysis 📊
👇 Click to Open Trade
$LSK
$BTW
