$PONS Bearish Pressure Builds
#PONS is facing strong selling pressure on the 4H chart after rejection from the $0.70 area. Price is now testing the $0.575 zone, while the $0.60–$0.62 region remains a key resistance area.
Short Trade Setup
Entry: $0.575 – $0.595
TP1: $0.550
TP2: $0.525
TP3: $0.500
SL: $0.615
Sell and Trade
$AKE
$ONE
#PONS is facing strong selling pressure on the 4H chart after rejection from the $0.70 area. Price is now testing the $0.575 zone, while the $0.60–$0.62 region remains a key resistance area.
Short Trade Setup
Entry: $0.575 – $0.595
TP1: $0.550
TP2: $0.525
TP3: $0.500
SL: $0.615
Sell and Trade
$AKE
$ONE
