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#GateMemeCarnival $PONS #ShareWeekly


PONS is forming a Falling Wedge structure, which can turn bullish if the upper trendline is broken and reclaimed.

The first breakout attempt was rejected by a strong candle, so I’m not counting the breakout yet. Price is now sitting around the middle of the structure, while the lower trendline near $0.48 is the key support.

If $0.48 holds, I’m still watching for another attempt to break above the Falling Wedge and continue higher.

But if we get a confirmed candle close below $0.48, the setup is invalid.

For now, I’m waiting for two things: support to hold and the upper trendline to break and hold. That’s where the real confirmation comes in.
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PONSPONS-5.83%


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Mrs_Thynk
an hour ago
Picked up a new angle 💡
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SevenWhaleLord
3 hours ago
(ETH): Core range: $2,600 - $2,750
ETH is currently fluctuating narrowly between $2,680 and $2,720. The first resistance above is $2,738 to $2,746, the same resistance band that has repeatedly capped bulls this week. If it breaks through decisively, the next target is $2,780 to $2,816 (near the upper Bollinger Band). Citi recently raised its 12-month ETH price target to $3,028, but this is a medium- to long-term reference and does not constitute a basis for the short-term range.
On the downside, **$2,650** is the first intraday defense level, while **$2,600 to $2,630** is a stronger demand zone. If $2,600 is breached, the next area of interest is around $2,550, with the 50-day moving average at approximately $2,436 serving as deeper support.
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ShainingMoon
4 hours ago
What’s your take on BTC? 👀
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ShainingMoon
4 hours ago
Here early 🙌
0
ShainingMoon
4 hours ago
First Review
What’s your take on BTC? 👀
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