Everyone’s staring at 0.849, but the 4H just whispered a secret about PONS that most will ignore.
$PONS /USDT - SHORT
Trade Plan:
Entry: N/A – N/A
SL: N/A
TP1: N/A
TP2: N/A
TP3: N/A
Why this setup?
- 1D is *range*, not a breakout—so chasing longs is a trap.
- RSI on 15m at 42.93 = weak bounce fuel, not reversal strength.
- SHORT bias armed at 0.849 with 55% confidence: the edge is fading rallies into resistance, not buying dips.
- Why now? The 4H timeframe says the path of least resistance is down while price hugs the middle of the range.
Debate:
Is 0.849 the ceiling for PONS thi