PONKE is holding above its descending trendline. Traders are watching for one final push higher in wave-(5) to confirm wave-b/i as a completed local bottom. This formation could signal the next phase of the move if resistance is cleared.

PONKE-5.78%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
CrossChainBreather
· 01-13 03:41
Wait, can wave-5 really break out? It feels like this wave might repeat again.
View OriginalReply0
BearMarketBro
· 01-12 23:36
See if wave-5 can hold, otherwise this bottom confirmation will be a bit uncertain.
View OriginalReply0
0xLostKey
· 01-12 16:22
Wait a minute, how likely is this wave five to break through the resistance level... Feels like it's trying to trick me into entering the market again.
View OriginalReply0
RugpullAlertOfficer
· 01-11 17:59
It's the wave theory again. I've heard this explanation countless times, and in the end, isn't it just a bust?
View OriginalReply0
DegenWhisperer
· 01-11 17:55
Wait, can wave-5 break out? I feel that what might break isn't the resistance, but my mindset.
View OriginalReply0
BearMarketBuyer
· 01-11 17:50
Another wave theory, huh? Just a quick wave-5 push to turn things around? Don't be silly, I've seen this trick many times before.
View OriginalReply0
screenshot_gains
· 01-11 17:40
Wait, wave-(5), if we can't break through the resistance level... what should we do... feels like we're going to be trapped again.
View OriginalReply0
RamenStacker
· 01-11 17:37
Someone finally figured it out: if wave-5 breaks through the resistance level, we're flying to the sky.
View OriginalReply0
  • Pin