PONS extended its decline with a 12.3% daily drop to around $0.56 as activity on the Robinhood Chain weakened. Daily token launches reportedly fell from approximately 36,000 at their peak to about 6,000, while 24-hour trading volume rose 24.23% to roughly $51.5 million. PONS’s revenue contracted 88% from its early-September peak, and daily buybacks fell from more than $1 million to nearly $200,000, reducing a recurring source of token demand. Technically, PONS lost the $0.5808 horizontal support and tested $0.5216 before recovering toward $0.5447. The token remained near the rising boundary of a symmetrical triangle, but a bearish MACD (momentum indicator comparing trend strength) and an RSI (momentum gauge from price changes) reading of 48.61 pointed to continued pressure. A decisive break of the triangle could expose the broader $0.50 region, while holding support could allow a recovery toward $0.5808. Binance liquidation liquidity was concentrated near $0.55 and $0.56, with larger clusters around $0.60-$0.62 and $0.65, creating potential recovery targets if buyers defend the trendline.