📈 $POND
/USDT Technical Analysis – Targets in Sight!
Current Price: $0.02103 (+21.28%)
POND is gaining momentum, riding on significant bullish sentiment. Here’s a quick analysis to help you make informed decisions.
Key Levels to Watch
1️⃣ Target 1 – $0.0225
Resistance at 24h high. A break above could signal strong upward momentum.
Watch for trading volume spikes near this level.
2️⃣ Target 2 – $0.0240
Mid-term resistance. If the rally continues, this level aligns with historical price action.
Ideal for short-term traders seeking quick profits.
3️⃣ Target 3 – $0.0270
Long-term target. Strong resistance, but achievable with sustained bullish interest.
Keep an eye on market sentiment and news around infrastructure updates.
Support Levels
Immediate support at $0.0200. A pullback to this level could signal consolidation before the next move.
Indicators to Note
RSI: Near overbought levels, suggesting potential short-term corrections.
MACD: Bullish crossover, indicating momentum is still in favor of buyers.
Volume: Strong 24h volume at $29.83M; watch for follow-through.
🎯 Strategy Tip:
Use a staggered approach to take profits at each target.
Monitor POND's infrastructure developments for long-term holding potential.
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