robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 Is the wedge about to fail? PONS has reached the 0.786 Fibonacci zone near $146M market cap, after dropping roughly 44% from the $260M area I highlighted earlier. The chart now shows a possible falling wedge but in this market, I wouldn't assume the pattern will play out perfectly. Two scenarios remain: • If $146M holds and price begins accumulating, this zone could become the base for a recovery. • If the 0.786 level fails and the wedge breaks down, the next area on my chart is around $0.109, implying roughly another 40–45% downside from current levels. Given the current market conditions, a deeper flush before any meaningful recovery would not surprise me. For now, $146M is the key decision zone. I want to see whether buyers defend it or price breaks lower. Not financial advice — just my technical interpretation.