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$PONS /USDT Perp – "Steep Decline – Short"**


**Trading Plan Short $PONS
Entry: 0.6943
SL: 0.7200
TP1: 0.6741
TP2: 0.6500
Explanation: Extreme drop from the 0.8447 high with a deeply negative MACD. Shorting on the current minor bounce. Targeting the purple support at 0.6741, with an extension to 0.6500.
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PONSPONS-15.46%

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FibScissors
23 minutes ago
The 0.65 target is a bit aggressive. Although the drop from 0.8447 has been sharp, taking half off at the purple support of 0.6741 first is safer, leaving some of the position to bet on further downside.
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CraterLiquidity
26 minutes ago
First Review
The stop-loss on this trade is set a bit wide: entering at 0.6943 with a 0.72 stop-loss allows nearly 4% of wiggle room. The deeply negative MACD does support going short, but if the rebound is stronger than expected, it may be hard to hold on. Keep a close eye on volume changes.
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