PONS: Whale Sells 2.25M Tokens as Price Falls 12%

PONS fell 12% today after a whale withdrew 2.25M tokens from Binance and sold them for roughly $1.29M in USDG and ETH, according to on-chain data from Nansen.

Price action now sits at $0.58, testing the lower Bollinger Band support at $0.55 while the EMA50 resistance at $0.64 caps upside and the EMA200 at $0.45 provides deeper floor; the MACD death cross at 0.0 reinforces the bearish trend structure even as RSI at 40.56 remains neutral, suggesting further downside pressure before any relief rally in this PONS price prediction scenario tied to crypto market crash volatility and AI industry impact from large token dumps.