🚨 $PONS BREAKS KEY MOVING AVERAGES AS SELLER MOMENTUM PRESSURES LOWER! 📉
Entry: 0.2802 ⚡
Target: 0.274813 🎯
Stop Loss: 0.284509 🛑
📌 Sellers have taken decisive control on $PONS , pinning price beneath the 200 EMA while the 20, 50, and 200 EMAs fan out in textbook bearish alignment. 📊 Volume is running at 1.56x above the 20-bar average on 30.4M USDT turnover, signaling active overhead supply rather than a passive pullback.
💡 With MACD histogram firmly negative and RSI hovering at 45.6, momentum confirms this relief bounce is offering an optimal continuation window. 🤔 Are you executing the short on this retest or waiting for a flush of the lows?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #PriceAction #Altcoins
🎯 🐻
Entry: 0.2802 ⚡
Target: 0.274813 🎯
Stop Loss: 0.284509 🛑
📌 Sellers have taken decisive control on $PONS , pinning price beneath the 200 EMA while the 20, 50, and 200 EMAs fan out in textbook bearish alignment. 📊 Volume is running at 1.56x above the 20-bar average on 30.4M USDT turnover, signaling active overhead supply rather than a passive pullback.
💡 With MACD histogram firmly negative and RSI hovering at 45.6, momentum confirms this relief bounce is offering an optimal continuation window. 🤔 Are you executing the short on this retest or waiting for a flush of the lows?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #PriceAction #Altcoins
🎯 🐻