PONS crypto is attempting a rally toward $1 but faces several short-term obstacles. The token exploded over 2600% between late August and early September before retracing 46% to the golden zone above $0.50. Technical indicators show building momentum with higher highs and higher lows, but the ATR (Average True Range) is declining, indicating weakening volatility. Fundamentals have also weakened: the Pons app’s daily revenue dropped 5x from $11 million to $2 million, while the platform uses 80% of its revenue for PONS buybacks.
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