Short Trade Signal: $POND /USDT

Market Overview: POND/USDT has faced rejection near $0.02420, with increasing selling pressure. This indicates potential downside movement.

Entry: $0.02360

Take Profit (TP):

1. TP1: $0.02300

2. TP2: $0.02250

Stop Loss (SL): $0.02420

Analysis:

Price action shows a failure to maintain momentum above $0.02400.

A breakdown below $0.02360 signals a continuation of the short-term downtrend.

Volume is decreasing, supporting further pullback potential.

Action: Enter a short position at $0.02360 with targets at $0.02300 and $0.02250. Maintain a strict SL at $0.02420 to manage risk effectively.