PONS: Loracle Adds to Short at $0.66 Level

PONS faces pressure as Loracle adds to his short entered at $0.53, now down several million with liquidation at 1.05 while closing other positions to sustain the bet; the team maintains a few million in the buyback wallet and momentum continues without any break in market structure, one major exchange listing away.

With price testing upper Bollinger resistance at $0.66 while RSI flashes overbought at 75.72, a healthy retracement to the EMA50 support at $0.36 seems probable before further continuation even as MACD registers a bullish golden cross above the EMA200 at $0.16, shaping the next move in any PONS price prediction scenario.