PONS is in a brutal freefall; riding the bearish momentum until the RSI finally forces a bounce.
Looking for a move lower on $PONS .
Entry area: 0.127 - 0.130
Profit targets: 0.1212 - 0.1154
SL: 0.1352
Be careful: Extreme RSI oversold levels increase the probability of a sharp, violent mean-reversion bounce.
Never all-in, fam. Use a size that fits your own account.
Looking for a move lower on $PONS .
Entry area: 0.127 - 0.130
Profit targets: 0.1212 - 0.1154
SL: 0.1352
Be careful: Extreme RSI oversold levels increase the probability of a sharp, violent mean-reversion bounce.
Never all-in, fam. Use a size that fits your own account.
