PONKE Price Action Update: The Bulls Are Making Their Stand

Multiple buyers are currently defending that descending trendline resistance from below, creating an interesting setup. The big question now—can we see one final push higher to complete the fifth wave?

Technically speaking, this is a critical juncture. If momentum carries through, we might see extension moves. But here's the reality check: the $0.046 level is sitting as your key support zone. If that breaks, expect the downside pressure to intensify. Watch the reaction around this level closely—it'll tell you a lot about where buyers' commitment actually stands.