$PONS Latest Market Update ... Trade Plan ! 📉🔥
💥 Price is currently trading around 0.7094 Following an extended markdown phase from peak resistance near ~0.950 down to a local low near ~0.635, price is attempting a minor stabilization. The technical roadmap projects a relief bounce upward into overhead supply to absorb liquidity and print a lower high before triggering a stronger secondary impulse wave down toward lower macro support.
📌 Trading Plan (Short Setup):
Short Entry Zone: 0.766 - 0.79
Stop Loss (SL): > 0.856
🎯 Take Profit Targets:
TP1: 0.635 - 0.652
TP2: 0.410 - 0.432
Click here to view the chart 👇️👇👇
💥 Price is currently trading around 0.7094 Following an extended markdown phase from peak resistance near ~0.950 down to a local low near ~0.635, price is attempting a minor stabilization. The technical roadmap projects a relief bounce upward into overhead supply to absorb liquidity and print a lower high before triggering a stronger secondary impulse wave down toward lower macro support.
📌 Trading Plan (Short Setup):
Short Entry Zone: 0.766 - 0.79
Stop Loss (SL): > 0.856
🎯 Take Profit Targets:
TP1: 0.635 - 0.652
TP2: 0.410 - 0.432
Click here to view the chart 👇️👇👇
