$PONS LONGS WIPED OUT
$1.6073K in long positions liquidated at $0.5338, putting short-term pressure on $PONS .
📍 Support: $0.5200
🚧 Resistance: $0.5500
🎯 Next Target: $0.5000
If $0.5200 breaks, sellers could push toward $0.5000. A reclaim above $0.5500 would signal buyers are fighting back.
💡 Pro Tip: Watch the $0.5200 zone closely. Losing support can trigger another liquidation wave.
⚠️ Manage risk. DYOR.
$PONS
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