🚀 $POND /USDT Short Trading Signal Alert 🚀
🔍 Analysis Overview:
$POND/USDT has risen by 4.60% over the last 24 hours, encountering resistance near $0.020. This creates an opportunity for a potential short trade with expected retracement.
💡 Signal Details:
• Entry Zone: $0.0195 - $0.0200
• Take Profit Levels:
• TP1: $0.0185
• TP2: $0.0180
• TP3: $0.0175
• Stop Loss (SL): $0.0205
• Risk/Reward Ratio: 1:3
📊 Key Highlights:
1. Resistance near $0.020 is showing significant selling pressure.
2. Momentum indicators signal overbought conditions, hinting at a correction.
3. SL positioned just above the resistance to minimize risk.
4. Secure profits gradually as the price approaches the targets.
5. Suitable for short-term traders targeting retracement opportunities.
🔗 Trade responsibly and stick to your strategy.