PONS surged 13% in 24 hours, trading above $0.62 with volume exceeding $105 million. The token is now approaching the critical horizontal resistance level near $0.64. A confirmed break above this resistance could push the price toward $0.97 and potentially $1. The MACD indicator shows a bullish crossover, but the A/D remains negative at -12.49 million, indicating sellers still hold broader control despite the recent rebound. The spot market recorded a negative netflow of -$931,000 over 24 hours and -$9.74 million over ten days, suggesting more tokens are leaving exchanges, which could reduce immediately available selling supply.
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