Markets· ★★· bearish·

PONS Drops 13.73% to $0.607 as Robinhood Chain Meme Rally Cools

  • Price at $0.607, down 13.73% in 24 hours and 37.15% from the $0.966 peak
  • A whale sold 2.25 million PONS worth $1.29 million via Binance on September 23
  • Trading volume is 17.49% below the 30-day average, RSI at 57.4
  • 30-day return remains +381.75%, annualized volatility at 343.4%
Why it matters: The pullback signals that the Robinhood Chain meme rally is fading, and thin volume raises the risk of a further slide toward the $0.588 support.
Source: DiarioBitcoin