๐จ $PONS BREAKS CRITICAL MOVING AVERAGES AS HEAVY SELLER MOMENTUM ACCELERATES LOWER! ๐
Entry: 0.3463 โก
Target: 0.33188 ๐ฏ
Stop Loss: 0.357836 ๐
๐ Sellers hold complete control as $PONS trades heavily below the EMA200, with the 20, 50, and 200 EMAs locked in full bearish alignment. ๐ Thin pullback volume alongside an ADX reading of 28.3 signals steady downward momentum rather than an aggressive reversal.
๐ Bid liquidity keeps thinning out as the trend pushes for a continuation flush into lower support blocks. ๐ฌ Are you leaning into this short continuation or waiting for confirmation on the daily close? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #Bearish #Altcoins #Crypto
๐ฏ ๐ป
Entry: 0.3463 โก
Target: 0.33188 ๐ฏ
Stop Loss: 0.357836 ๐
๐ Sellers hold complete control as $PONS trades heavily below the EMA200, with the 20, 50, and 200 EMAs locked in full bearish alignment. ๐ Thin pullback volume alongside an ADX reading of 28.3 signals steady downward momentum rather than an aggressive reversal.
๐ Bid liquidity keeps thinning out as the trend pushes for a continuation flush into lower support blocks. ๐ฌ Are you leaning into this short continuation or waiting for confirmation on the daily close? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PONS #ShortSetup #Bearish #Altcoins #Crypto
๐ฏ ๐ป