PONS is rattling off the lows, eyes on the 0.20‑0.22 zone as sellers grab the reins. The price is primed to drop into the short‑term target.
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$PONS SHORT 📉 — Trade Plan
• Entry: $0.196004 – $0.196396
• Stop: $0.202086 (-3.0%)
• Target 1: $0.193257 (+1.5%)
• Target 2: $0.186390 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A CHoCH broke the bullish swing, while CVD shows volume screaming sell pressure. The FVG lines up under a fresh OB, and the POI confluence—OB overlapping the gap—locks the entry.
A 3.0% stop is fairly tight on this swing, so keep leverage modest, around 2‑3x.
Take half profit once the first target at 0.19 is hit and let the rest run.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$PONS #PONSUSDT #THORChain #TradingSignals #Write2Earn