$POND Riding the Waves of a Bullish Surge! 🌊📈
Market Overview:
• Current Price: $0.01842 (+25.31%)
• 24H High: $0.02360
• 24H Low: $0.01270
• Volume (24H): 5.48B POND
Technical Breakdown:
1. Massive Breakout:
POND/USDT has witnessed a parabolic move, surging over 25% in the last 24 hours, breaking above multiple resistance levels.
2. Moving Averages Indicate Strength:
• MA(7): $0.01986 (acting as immediate dynamic resistance).
• MA(25): $0.01619 (significant support on a pullback).
• MA(99): $0.01268 (long-term bullish confirmation).
3. Volume Spike:
The breakout is accompanied by a strong volume surge, indicating significant buying interest.
4. Key Levels to Watch:
• Resistance: $0.01978 and $0.02360. Breaking these levels could target $0.025+.
• Support: $0.01650 to $0.01500 range, where buyers may step in on a retracement.
Outlook:
POND is in a strong uptrend, backed by both technical momentum and high volume. Bulls are in control, but traders should watch for consolidation around $0.018 before another potential rally. Stay sharp! 🚀 #XRPPriceAction #USDebt36Trillion #DEXXBreach #BONKBURNmas