🚨 $PONS PREPARING A BEARISH CONTINUATION MOVE AS OVERHEAD RESISTANCE HOLDS FIRM! 📉
Entry: 0.588 - 0.5914 🔴
Target: 0.5701 📉
Stop Loss: 0.6091 ⚠️
📌 The 1H market structure on $PONS is flashing a classic bearish continuation pattern, but discipline must come first. Price has pushed past the initial level, so we are keeping this strictly on the watchlist for a high-probability retest back into the 0.588–0.5914 supply block. 📊
🔍 Notice the conflict with the higher timeframe $BTC trend, which requires waiting for explicit confirmation before triggering orders. Staggered scale-outs down toward 0.5335 offer a solid reward profile once sellers reclaim full control. 🎯
💬 Are you waiting for the entry retest to confirm, or does the BTC macro trend keep you on the sidelines? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #Bearish #Crypto #Trading
🐻 📉
Entry: 0.588 - 0.5914 🔴
Target: 0.5701 📉
Stop Loss: 0.6091 ⚠️
📌 The 1H market structure on $PONS is flashing a classic bearish continuation pattern, but discipline must come first. Price has pushed past the initial level, so we are keeping this strictly on the watchlist for a high-probability retest back into the 0.588–0.5914 supply block. 📊
🔍 Notice the conflict with the higher timeframe $BTC trend, which requires waiting for explicit confirmation before triggering orders. Staggered scale-outs down toward 0.5335 offer a solid reward profile once sellers reclaim full control. 🎯
💬 Are you waiting for the entry retest to confirm, or does the BTC macro trend keep you on the sidelines? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #Bearish #Crypto #Trading
🐻 📉
