$PONS FRESH SHORT SETUP
PONS is showing strong bearish pressure on the 4H chart after rejection from the higher levels. Price is back near the $0.58 zone, while recent data also shows very high volatility in PONS
Short Entry: $0.590–$0.615
TP1: $0.565
TP2: $0.540
TP3: $0.510
TP4: $0.480
SL: $0.640
Key Level: $0.565
If PONS loses $0.565 with confirmation, the lower targets come into focus. A strong reclaim above $0.640 would weaken this short setup.
Don’t chase the dump — wait for a relief bounce/rejection.
DYOR
PONS is showing strong bearish pressure on the 4H chart after rejection from the higher levels. Price is back near the $0.58 zone, while recent data also shows very high volatility in PONS
Short Entry: $0.590–$0.615
TP1: $0.565
TP2: $0.540
TP3: $0.510
TP4: $0.480
SL: $0.640
Key Level: $0.565
If PONS loses $0.565 with confirmation, the lower targets come into focus. A strong reclaim above $0.640 would weaken this short setup.
Don’t chase the dump — wait for a relief bounce/rejection.
DYOR
