Technical Analysis for $POND
/USDT:
Current Price: $0.02277
24h Change: +14.83%
Support: $0.01915 (24h Low)
Resistance: $0.02399 (24h High)
Immediate Target Levels:
Target 1: $0.02350
Target 2: $0.02400
Target 3: $0.02500
Trade Signal:
Momentum: Positive, with the price showing a steady upward movement after breaking the $0.022 level. The momentum remains strong with higher volume indicating buying strength.
Buy Entry: Around $0.02250 (current support near 0.02246)
Stop Loss: Below $0.01900 to manage risk (considering the 24h low level)
Take Profit: Set targets at $0.02350, $0.02400, and $0.02500 as the price is expected to approach these resistance levels.
The trade shows bullish momentum, and if the price sustains above $0.022 support, it is likely to head toward the proposed target levels.
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