$PONS reacted well after taking liquidity.
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
The idea stays interesting while sellers can defend $0.634–$0.6379. The setup is invalid if price cleanly crosses $0.6399.
Is this level enough for you, or do you want another confirmation first?
#PONS #Trading
Trade plan: SHORT
Entry: $0.634 - $0.6379
SL: $0.6399
TP1: $0.6309
TP2: $0.6274
TP3: $0.6274
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
The idea stays interesting while sellers can defend $0.634–$0.6379. The setup is invalid if price cleanly crosses $0.6399.
Is this level enough for you, or do you want another confirmation first?
#PONS #Trading
Trade plan: SHORT
Entry: $0.634 - $0.6379
SL: $0.6399
TP1: $0.6309
TP2: $0.6274
TP3: $0.6274
