#POND seems to be taking a small breather after the strong movements of the

last few days. ☕ $POND

What stands out to me:

● Consolidation: The price is moving sideways and consolidating around 0.0199 USDT.

This is not unusual after a strong upward movement and can be a sign of

a healthy development.

● Decreasing Volume: The trading volume has decreased somewhat compared to the previous days.

This may indicate that the momentum is slowing down,

but it doesn't necessarily have to be negative.

● EMA above EMA: The short-term exponential moving averages (EMA 7 and EMA

25) remain above the longer-term (EMA 99), confirming the medium-term upward trend.

● RSI in the neutral range: The Relative Strength Index (RSI) is around 48 and

signals that POND is neither overbought nor oversold.

Possible scenarios:

● Continuation of the upward trend: If the price breaks out of the current consolidation phase upwards,

the upward trend could continue.

● Correction: It is also possible that the price corrects a bit more before rising again.

The support around 0.0195 USDT could play an important role in this.

Recommendation:

● Wait and see: In this phase of consolidation, it is advisable to wait and observe the further

price development.

● Keep an eye on support: Pay attention to whether the price can hold the support at 0.0195

USDT.

● Risk management: Adjust your stop-loss orders if necessary to limit your risk.