The PONS token bounced by 0.89% after the previous week’s sell-off, in a crypto market whose total capitalization also increased by 0.89% over 24 hours. Its price is trading in a daily range between $0.218 and $0.298, with no close outside those boundaries. Positive funding rates and a rise in the spot cumulative volume delta show that the bias remains slightly bullish, while the on-balance volume indicates weak buying pressure. The $0.25 to $0.27 supply zone could hinder the rebound, and a close above $0.298 would be needed to confirm a bullish trend shift.
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