Assuming it is like other Fords, yes it has a real time monitoring. and it is additionally viewable in the FordPass app.I saw something about real time tpms monitoring, where you can watch your aired down pressure at all times. My buddy has a similar function in his 19 power wagon. He said it went from 50 psi cold all the way up to 72 psi during a long freeway trip.
I have an aftermarket programmer for my Jeep that allows you to set the TPMS alarm threshold to whatever value you'd like... If similar functionality isn't baked into the user options on the Bronco, my hope is that the aftermarket will eventually find a solution.In my Jeep the TPMS always reads the instantaneous air pressure. When I air down the visual alarm comes in but I can still reads the individual pressures. I leave the display to air pressure when wheeling to let me see if I am get a flat. I also have a AEV pro cal that connects to the OBD port. You can use this to turn off the TPMS but then it reads 0 pressure so I never run it that way.
When I air down to 18 psi the TPMS alarms once, I acknowledge it and continue to read air pressures. Hopefully the Bronco version works similar.