Cumberland: Withdraws 3.5M PONS at $0.8
Cumberland-linked wallet pulls 3.5M PONS worth $2.78M from Gate.io at $0.8 average as PONS trades at $0.7 with bullish EMA structure intact.
SourceAnalysis
Cumberland linked wallet withdrew 3.5M $PONS ($2.78M) from Gate over four days at an average $0.8 while the token now trades at $0.7. PONS price prediction models must now factor this fresh institutional accumulation against the 4h chart where price holds above the EMA50 at $0.63 and the EMA200 at $0.3, confirming the broader bullish trend structure. With the MACD at 0.02 printing a death cross yet RSI(14) neutral at 47.07, the token sits inside the Bollinger Bands between $0.64 support and $0.97 resistance; any push toward the upper band will likely meet selling before a healthy pullback tests the $0.63 EMA50 confluence zone.
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