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$PONKE

PONKE/USDT
To provide an analysis and determine potential entry buy and stop-loss (SL) positions for the next 12 hours:

Quick Analysis:

1. Current Price: 0.52025 USDT.

2. Trend Line: The current price is near a significant support line.

3. RSI: RSI value is around 41, indicating the market is approaching the oversold area but not strong enough yet to confirm a reversal.

4. Stochastic RSI: The value is at a low level (~58), suggesting a potential upward reversal soon.

5. Volume and OBV: Trading volume is relatively consistent. OBV does not show a significant upward trend, indicating continued selling pressure.

6. MACD: The MACD line shows negative divergence but is nearing the zero line, which could signal consolidation before a reversal.

Recommendations for the Next 12 Hours:

1. Entry Buy:

Enter around the support area of 0.51000–0.51500 (if the price corrects further).

Alternative: Wait for a breakout above 0.53000 to confirm bullish momentum.

2. Stop-Loss (SL):

Place the SL below strong support at 0.50000 to avoid significant losses.

3. Take Profit (TP):

First target (TP1): 0.54500 (based on the nearest resistance).

Second target (TP2): 0.56000 (if bullish momentum continues).

Notes:

Pay attention to trading volume and additional confirmation from indicators like MACD crossing into positive territory to validate a bullish signal.

If selling pressure increases and the price drops below 0.50000, avoid entering and reassess the trend.