Why is everyone still long PONS when the 4h tape just whispered a different name?
$PONS /USDT - SHORT
Trade Plan:
Entry: N/A – N/A
SL: N/A
TP1: N/A
TP2: N/A
TP3: N/A
Why this setup?
- 1D trend is **range**, not a breakout—so buying tops is a trap.
- 15m RSI at 39.65 shows momentum is already rolling over, not oversold enough to bounce hard.
- Conf score 55.4 is modest, but direction is SHORT with entry ref 0.8015—that’s the line to respect.
- Why now? Because the last push up failed to hold above 0.80, and weak hands are still bidding the retest.
Debate:
Are you fading 0.8015 lik