Long Trade Signal: Opportunity on $POND /USDT

Pair: $POND/USDT

Setup: Bullish momentum building for a potential upward breakout.

Entry Point: 0.02380

Take Profit 1: 0.02440

Take Profit 2: 0.02490

Stop Loss: 0.02330

Rationale:

Recent 20% price increase reflects strong bullish sentiment.

Support level at 0.02360 holds firm, with increasing volume signaling potential continuation.

Ideal risk-reward ratio with minimal downside exposure.

Risk Management: Use the stop-loss at 0.02330 to limit risks. Adjust SL to breakeven after reaching TP1.

Recommendation: Secure partial profits at TP1, and let the rest ride to TP2 while monitoring volume and price action.

Stay cautious of reversals near resistance levels!