PONS is showing a strong recovery after a sharp sell-off, with price reclaiming the $0.60 area on increased activity. The recent liquidation around $0.5808 makes this zone important as near-term support.
📍 Entry: $0.610–$0.635
🛑 Stop-Loss: $0.575
🎯 TP1: $0.680
🎯 TP2: $0.735
🎯 TP3: $0.800
Resistance sits around $0.66–$0.68, while $0.58–$0.60 is the key support zone. A sustained move above $0.66 would strengthen the bullish structure.
⚠️ Invalidation: A decisive close below $0.575 cancels the long setup.
Risk should remain controlled, especially because PONS is highly volatile.
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