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traderhere
PONS prediction: Short-term bounce but still bearish. $PONS 0.4153 +6.65% above MA5 $0.3974 but below MA10 $0.4385, MA20 $0.5280 after crash from $0.7758 top to $0.3638 bottom. 7D -18.66% weak. $0.4317 high resistance, break targets MA10 $0.4385 then $0.50. Support $0.3740 low, $0.3638 bottom. Volume 27.14M rising on multi-exchange news. Need reclaim MA10 for reversal. Until then sell rallies, risk breakdown below $0.3638.
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