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PONS consolidates below critical $0.25 level – Bears continue to dominate

PONS consolidates below critical $0.25 level – Bears continue to dominate

Photo: AMBCrypto

Non-custodial token launchpad Pons [PONS] saw a slight price bounce after the previous week's sell-off. The total crypto market cap has increased by 0.89% in 24 hours, and PONS has bounced by the same 0.89%. Its Open Interest saw a modest 0.84% increase too, but Spot CVD saw a noticeable uptick over the weekend. The positive Funding Rates showed that market participants remained bullishly biased, and the minor price bounce was not actively shorted by the majority. Here's what PONS traders can expect next.

Source: AMBCrypto

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