The PONS token surged 25.12% in 24 hours, rising toward $0.30 after rebounding from the $0.22 support level. Spot trading volume increased by 95.43% to $48.74 million, while futures volume rose 187.88% to $187.05 million and open interest climbed 29.98% to $121.55 million. On Binance, 66.05% of top trader accounts held long positions, producing a long-to-short ratio of 1.95. The RSI reached 45.87, moving above its 36.17 moving average, while the Parabolic SAR shifted below the price at $0.21. A sustained move above $0.35 would further confirm a recovery toward $0.50, while a sharp reversal could amplify short-term volatility through leveraged positions.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
