🔻 $PONS POPPING INTO HEAVY RESISTANCE — PREPARING FOR THE NEXT BEARISH DROP! 📉
Entry: 0.368 - 0.379 🔻
📌 $PONS has been trapped underneath its key EMAs all week, showing zero structural strength on the higher timeframes. While lower timeframes are printing a temporary relief bounce, don't let this minor 1H momentum trick you into buying a weak relief rally. 🔍
💡 Supply is stacked heavily between $0.368 and $0.379. A crisp rejection in this overhead supply zone opens up a high-probability short setup, but waiting for confirmed lower-timeframe weakness is key before committing capital. 📉
💬 Are you lying in wait for the rejection at resistance or expecting bulls to force a breakout? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #CryptoTrading #TechnicalAnalysis
🐻 📉
Entry: 0.368 - 0.379 🔻
📌 $PONS has been trapped underneath its key EMAs all week, showing zero structural strength on the higher timeframes. While lower timeframes are printing a temporary relief bounce, don't let this minor 1H momentum trick you into buying a weak relief rally. 🔍
💡 Supply is stacked heavily between $0.368 and $0.379. A crisp rejection in this overhead supply zone opens up a high-probability short setup, but waiting for confirmed lower-timeframe weakness is key before committing capital. 📉
💬 Are you lying in wait for the rejection at resistance or expecting bulls to force a breakout? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PONS #ShortSetup #CryptoTrading #TechnicalAnalysis
🐻 📉