The chart shows the $POND /USDT pair trading on Binance, currently priced at $0.02689, with a 24-hour change of +7.22%.

Over the last 7 days, the price has gained 8.47%, while the 90-day performance indicates significant bullish momentum at +119.87%. Recent price action suggests consolidation after a sharp upward move, forming a potential continuation or reversal zone.

Entry and Trade Strategy:

1. Long Entry:

If the price breaks above the resistance level of $0.02750, it could indicate further bullish momentum.

Target: $0.02850 (short-term) and $0.03000 (extended).

Stop Loss: $0.02600 (below recent consolidation lows).

2. Short Entry:

If the price breaks below the support level of $0.02600, it could lead to a retracement.

Target: $0.02480 (near 24-hour low) and $0.02350 (next key support).

Stop Loss: $0.02700 (above consolidation zone).

Key Insights:

The RSI and volume trends should be analyzed for confirmation of breakouts or breakdowns.

A high 24h volume (643.55M) indicates strong market activity, favoring volatility.

Caution is advised during low volatility periods, as false breakouts can occur.

Trade based on confirmed breakout levels and maintain proper risk management with a risk-reward ratio of at least 1:2.

#POND #BTC100KTrumpEffect #BinanceMegadropSolv #NonFarmPayrollsImpact #BitcoinHashRateSurge