$PONS is in a clear downtrend, down over 12% and falling steadily from the 0.662 high to the 0.622 low. 📉
The 5-minute chart shows heavy red candles dominating, with the price consistently making lower lows. 🧐
If it breaks below 0.620, we could see a drop toward 0.600. A bounce from here might push back to 0.640. ⚠️
Short Setup:
Entry: 0.622–0.625
TP1: 0.610
TP2: 0.595
SL: 0.635
The trend is bearish stay sharp and manage your risk! 💪✅
$PONS
The 5-minute chart shows heavy red candles dominating, with the price consistently making lower lows. 🧐
If it breaks below 0.620, we could see a drop toward 0.600. A bounce from here might push back to 0.640. ⚠️
Short Setup:
Entry: 0.622–0.625
TP1: 0.610
TP2: 0.595
SL: 0.635
The trend is bearish stay sharp and manage your risk! 💪✅
$PONS
