$POND /USDT Trading Signal – Critical Levels Ahead....
$POND is trading at $0.02658 on the 2-hour chart, indicating strong bullish momentum but facing resistance near its 24-hour high. The price is currently consolidating after a significant upward move, presenting opportunities in both bullish and bearish scenarios.
Bullish Scenario
If POND/USDT breaks above the immediate resistance at $0.02700, a long position around $0.02658 could target:
TP1: $0.02750
TP2: $0.02800
TP3: $0.02850
Set a stop-loss at $0.02600 to minimize risk.
Bearish Scenario
If the price drops below the support at $0.02600, a short position around $0.02630 could aim for:
TP1: $0.02580
TP2: $0.02550
TP3: $0.02500
Set a stop-loss at $0.02700 to protect against sudden reversals.
The RSI indicates neutral ground, suggesting room for movement in either direction. Watch these levels closely as POND/USDT prepares for its next decisive move.