PONS: Coordinated Squeeze Targets Hyperliquid Short

PONS faces fresh pressure after @mlmabc publicly rallied 8-figure capital to target @loraclexyz's 3x short on Hyperliquid.

Position Details

The short entered at $0.6553 on September 3 now spans 25.04 million tokens worth $19.41 million and controls 19% of total open interest. Unrealized losses already exceed $3 million while the liquidation sits at $1.83, requiring a 128% advance.

Technical Confluence

Price at $0.84 rides above the EMA50 at $0.61 and EMA200 at $0.28 inside a bullish structure, yet the MACD death cross at 0.07 signals fading momentum. With the RSI at 59.43 still neutral, any push toward the upper Bollinger Band at $0.98 risks exhaustion and a retracement to the 50-EMA support before the next leg higher.