Post
Bearish

Most traders are about to get blindsided by $PONS /USDT



$PONS /USDT - SHORT

Trade Plan:
Entry: 0.5908 – 0.6042
SL: 0.6614
TP1: 0.5496
TP2: 0.5176
TP3: 0.4697

Why this setup?
Why now? The daily trend is range-bound, which means the price is coiling for a directional move and the 1h ATR of 0.026631 confirms enough volatility to fuel a proper leg down. The 15m RSI sitting at 48.28 shows the market is not yet overbought, allowing the short bias to remain intact while the 1h price holds near the entry zone of 0.5975. With TP1 at 0.5496 and TP2 at 0.5176, a sustained break below the invalidation level of 0.6614 would flip the setup entirely.

Debate:
Are we testing TP2 or is the range about to trap the shorts?

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PONSPONS-5.58%


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PrinceMagsi786
16 minutes ago
Interesting 👀
0
PrinceMagsi786
16 minutes ago
First Review
LFG 🔥
0