PONS Rises 13% in 24 Hours Amid Mixed Technical Indicators

PONS rose 13% over 24 hours, surpassing $0.62. Trading volume exceeded $150 million (approximately KRW 141.4 billion), but the Accumulation/Distribution (A/D) indicator remained negative. The rebound occurred at a support level following a strong upward move and subsequent correction, suggesting a potential continuation of the previous trend.

AMBCrypto analyzed PONS' rebound and key price levels. After bouncing from a support line below the pattern's bottom on April 14, the price approached resistance lines near $0.64 and a horizontal resistance zone around $0.64. This area is considered critical for short-term momentum. If $0.64 is decisively broken, the next target could be $0.97. Further upside to $1.00 was noted as possible but dependent on price action.

Conversely, if selling pressure increases near $0.64, PONS might retreat toward the pattern's bottom. Thus, maintaining price above resistance is key for further confirmation. The A/D indicator has risen since April 13, showing stronger short-term buying pressure, though it remains negative at -12.49 million, indicating overall selling dominance in cumulative terms.

The Moving Average Convergence Divergence (MACD) showed improvement, with the blue line crossing above the orange signal line toward positive territory, though a clear buying advantage has not yet been confirmed. Current MACD suggests improving momentum. Whether the A/D indicator turns positive remains an important factor for short-term supply-demand dynamics.

In spot markets, both buying and selling pressures were observed. CoinGlass reported $931,000 (approximately KRW 125 million) in 24-hour net outflow from exchanges to external wallets on April 15, compared to $9.58 million (approximately KRW 1.29 billion) in spot buying. Over the past 10 days, net outflow reached $9.74 million (approximately KRW 131 billion). Net outflow indicates more PONS moving from exchanges to external wallets than incoming flows but does not specify destination or future trading direction.

Trading volume varied based on reporting criteria. MemeFees reported $16.73 million (approximately KRW 143.7 billion) in PONS volume for April 14 using DefiLlama data, slightly higher than AMBCrypto's $150 million figure. Differences stem from varying timeframes and scopes, so each report should be considered on its own terms.

Increased trading volume alongside the price rebound suggests broader market participation, though it does not guarantee sustained upward momentum or breakout above resistance levels. The previous analysis noted PONS maintaining near peak levels; this update highlights $0.64 resistance, spot market fund movements, and technical indicators as key areas to watch.