$PONS swept above $0.5352 and quickly closed back below it, while the 1H structure remains bearish. For me, this looks more like a liquidity grab than a reversal.
I’m not chasing the dump. I want to see a clean rejection and lower-timeframe structure shift before entering.

TP1: $0.5193
TP2: $0.5112
TP3: $0.5071
🛑 Invalidation: 1H close above $0.5539
trade here 👇🤑 thanks