PONS rebounds 13.3% intraday after 36% correction from its high
- —PONS trades near $0.615: up 13.3% intraday but down 2.4% from the previous close
- —Correction from the all-time high of $0.966 (September 5) has reached 36.3%
- —Daily volume of $104,000, 1.92% above the 30-day average
- —RSI at 65.4 and ATR at 20.9% signal high volatility in the asset
Why it matters: The rebound shows demand for tokens with real fee revenue, but PONS's extreme volatility carries high risk for holders.
Source: DiarioBitcoin