#GateMeme

PONS is one of the Meme charts I am watching closely right now because the 4H structure is showing a very important battle between the recent sellers and buyers trying to defend the current range.

After a powerful rally from the lower levels, PONS pushed close to the 0.90 area and created a strong expansion. However, price was not able to hold at the highs and sellers stepped in with a sharp rejection. This was the first important sign that the market needed a correction before deciding on the next major direction.

The current price is trading around the 0.63 area after the recent pullback. What makes this level interesting is that PONS is now trying to stabilize after a series of lower moves. The recent candles show that buyers are reacting near the 0.57 to 0.60 region, but the market still needs confirmation before calling this a complete trend reversal.

The RSI is around 47, which shows that momentum is currently neutral rather than strongly bullish. This is important because PONS is not showing an extreme oversold condition that guarantees a bounce. Buyers still need to prove themselves through stronger price action and volume.

The MACD is also trying to stabilize after the previous bearish momentum. This could be an early sign that selling pressure is slowing down, but I would not treat it as a confirmed bullish signal until price starts reclaiming important levels.

My first area of interest on the upside is around 0.65 to 0.70. A strong recovery and close above this zone could show that buyers are gaining control again. Above that, I will be watching the previous imbalance and supply areas around 0.80 and then the major 0.88 to 0.92 resistance zone where the strongest rejection happened.

On the downside, the current area needs to hold. If sellers push PONS below the recent lows, my next major area of interest will be the demand zone around 0.35 to 0.39. This is the area where I would want to see a much stronger buyer reaction before considering a new recovery structure.

For me, the most important thing is not to chase PONS in the middle of uncertainty. The chart has already shown how quickly this Meme coin can move in both directions. I would rather wait for confirmation above resistance or a clear reaction from demand before making a stronger decision.

My current view is neutral with a close eye on the 0.57 to 0.60 support area and the 0.65 to 0.70 recovery zone. If buyers reclaim momentum, PONS could become interesting again. If support fails, patience may be more important than chasing a quick bounce.

This is exactly why Meme trading needs structure and risk management. Strong moves can create big opportunities, but entering without confirmation can also turn a good idea into a difficult position.

What is your view on PONS from here? Are buyers building a recovery or is another move toward the lower demand zone still possible?

‍#PONS $PONS