#pons /USDT 2H Analysis
$PONS has recovered sharply from the $0.2735 support area and is now approaching the $0.335–$0.347 resistance zone.
I’m watching for a possible retest of this zone followed by rejection. If sellers regain control, price could move back toward $0.30 and potentially revisit $0.2735.
A clean break above resistance would weaken the bearish setup, with $0.36 as the next level to watch. The reaction here is key; the rejection still needs confirmation.
$PONS has recovered sharply from the $0.2735 support area and is now approaching the $0.335–$0.347 resistance zone.
I’m watching for a possible retest of this zone followed by rejection. If sellers regain control, price could move back toward $0.30 and potentially revisit $0.2735.
A clean break above resistance would weaken the bearish setup, with $0.36 as the next level to watch. The reaction here is key; the rejection still needs confirmation.