$PONS short: 0.370 remains the key seller zone, with 0.345 as the next downside target. If 0.381 breaks, I’m invalidating the setup. 👀
Why I’m watching it:
4H price at 0.369 remains below the EMA50 at 0.480 — structure still leans bearish
Risk is around 3.2% to the stop versus 6.4% toward TP3, giving roughly 2.0R potential
🔴 SHORT · Entry: 0.3675–0.3699
🎯 TP1: 0.3598 · TP2: 0.3539 · TP3: 0.3450
🛑 SL: 0.3806
Why I’m watching it:
4H price at 0.369 remains below the EMA50 at 0.480 — structure still leans bearish
Risk is around 3.2% to the stop versus 6.4% toward TP3, giving roughly 2.0R potential
🔴 SHORT · Entry: 0.3675–0.3699
🎯 TP1: 0.3598 · TP2: 0.3539 · TP3: 0.3450
🛑 SL: 0.3806