PONS LONG vs SHORT Pons / USDTMEXC:PONSUSDTSober_Investor What to expect and how to trade it? PONS continues to hold the current range, and I’ve marked the key levels I’d be watching on the chart. 📈 We’ve formed a descending channel, with $0.70 acting as resistance. A breakout and reclaim above this level could help determine the buyers’ next intentions. From the current levels to the upper boundary of the channel, that’s around 16% of clean upside. A breakout above the channel and a successful reclaim could confirm further upside, but there’s one thing to keep in mind: the new weekly candle is still forming in red, so the lower boundary of the channel remains an important reference for me. Ideally, I’d like to see a sweep of the start of the previous week followed by a reclaim back into the range. That exact scenario could provide a good entry point for the next move higher. For now, I’m watching how price reacts to $0.70 and I’m not rushing to draw conclusions too early.