Trading Signal Alert for $POND /USDT (15-Minute Chart)

Overview:

POND/USDT has surged by 24.13%, currently trading at $0.02099. The coin has broken out of its consolidation phase, supported by strong buying momentum. However, with an RSI of 90.61, overbought conditions suggest potential volatility or retracement.

Signal Details:

Current Price: $0.02099

Entry Price: $0.02050 (wait for retracement)

Support Levels:

1. $0.01857 (nearest support)

2. $0.01661 (24-hour low)

Resistance Levels:

1. $0.02176 (24-hour high)

2. $0.02220 (psychological resistance)

Take-Profit Targets:

1. TP1: $0.02150

2. TP2: $0.02200

3. TP3: $0.02300

Stop Loss: $0.01830 (below support for risk protection).

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Cautionary Note:

High RSI suggests overbought conditions. Wait for price stability or a confirmed breakout above $0.02176 before adding positions.

Watch for volume increases to confirm trend continuation.

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