$PONS – SHORT 📉
Looking at the 1h and 15m structure along with the lower 5m and 1m moves, price action has been heavy after touching that 0.5490 high and slipping down to 0.5152. Momentum is leaning bearish with that 1.808 percent drop on solid volume, so grabbing this push lower makes total sense right here. 😒📉🔥👀
Entry: 0.5323000
SL: 0.5490000
TP1: 0.5152000
TP2: 0.5000000
TP3: 0.4850000
Looking at the 1h and 15m structure along with the lower 5m and 1m moves, price action has been heavy after touching that 0.5490 high and slipping down to 0.5152. Momentum is leaning bearish with that 1.808 percent drop on solid volume, so grabbing this push lower makes total sense right here. 😒📉🔥👀
Entry: 0.5323000
SL: 0.5490000
TP1: 0.5152000
TP2: 0.5000000
TP3: 0.4850000