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$PONS is cooling down after a strong rally, but the broader 1H structure remains positive.
Price is now approaching the $0.59–$0.60 support zone. In my opinion, holding this area could attract buyers and support a recovery toward $0.634.
A clean breakout above $0.634 could bring the previous high near $0.662 back into focus. However, losing $0.59 may extend the pullback toward the MA30 around $0.583.
#PONS #Crypto #Trading