$PONS SHORT
Price is rejecting the 0.34–0.35 supply zone after a failed recovery attempt, and the broader structure remains deeply bearish with a 71% drawdown from the all-time high.
Trading Ideas Short PONS
Entry: 0.3360 - 0.3450
SL: 0.3620
TP1: 0.3100
TP2: 0.2850
TP3: 0.2600
trade PONS here :👇
Risk: A 1H close above 0.3620 invalidates the rejection and opens the door for a retest of 0.3900. The project's revenue has collapsed 99% from peak, and the bounce is purely short-term speculation with no fundamental backing — manage size accordingly.
What do you think?
Would you take this setup, or wait for confirmation?
#Mr_Badshah77
$WAL $BSP
Price is rejecting the 0.34–0.35 supply zone after a failed recovery attempt, and the broader structure remains deeply bearish with a 71% drawdown from the all-time high.
Trading Ideas Short PONS
Entry: 0.3360 - 0.3450
SL: 0.3620
TP1: 0.3100
TP2: 0.2850
TP3: 0.2600
trade PONS here :👇
Risk: A 1H close above 0.3620 invalidates the rejection and opens the door for a retest of 0.3900. The project's revenue has collapsed 99% from peak, and the bounce is purely short-term speculation with no fundamental backing — manage size accordingly.
What do you think?
Would you take this setup, or wait for confirmation?
#Mr_Badshah77
$WAL $BSP