PONS: Whale Clears $3.67M Stake, Price Drops 4%
PONS drops 4% to $0.6688 after whale sells 5.338M tokens for $3.67M at $0.6779 average, booking $200k loss from $0.7154 entry.
SourceAnalysis
PONS fell 4% from $0.6968 to $0.6688 after a whale unloaded 5.338 million tokens for $3.67 million at an average $0.6779, realizing a $200k loss from the original $0.7154 cost basis.
Price now sits at $0.67 inside the Bollinger Bands with upper resistance at $0.71. The 50-EMA at $0.63 and 200-EMA at $0.47 continue to anchor the bullish structure while MACD golden cross at 0.02 and neutral RSI at 55.18 keep momentum intact once the selling exhausts.
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