PONS is perched at the edge of a broader market swing, its price now flirting with a key resistance that could trigger a swift reversal. The crypto’s recent rally is losing steam as broader risk appetite wanes.
🔴 $PONS SHORT 📉
Entry → $0.672926-$0.674274
Stop → $0.693808 (-3.0%)
TP1 → $0.663496 (+1.5%)
TP2 → $0.639920 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher highs, and the CVD turned bearish, confirming the shift. The fair value gap lines up with a fresh order block, creating a POI confluence that makes the short bias compelling.
A 3.0% stop is relatively tight on this volatility, so a modest 5‑10x leverage keeps risk manageable.
Consider taking half profit around the first target as the price approaches the lower edge of the order block.
As always: manage your risk, this is not financial advice 🙏
$PONS #PONSUSDT #ZCash #TradingSignals #Write2Earn
🔴 $PONS SHORT 📉
Entry → $0.672926-$0.674274
Stop → $0.693808 (-3.0%)
TP1 → $0.663496 (+1.5%)
TP2 → $0.639920 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher highs, and the CVD turned bearish, confirming the shift. The fair value gap lines up with a fresh order block, creating a POI confluence that makes the short bias compelling.
A 3.0% stop is relatively tight on this volatility, so a modest 5‑10x leverage keeps risk manageable.
Consider taking half profit around the first target as the price approaches the lower edge of the order block.
As always: manage your risk, this is not financial advice 🙏
$PONS #PONSUSDT #ZCash #TradingSignals #Write2Earn