🚀 Technical Analysis: POND/USDT on Binance – 3 Key Price Targets to Watch 🎯
📈 Current Price: $0.01498 (POND/USDT)
The POND/USDT pair has been showing solid movement over the past 24 hours with a +28.14% increase, currently sitting at $0.01498. After reaching a high of $0.01790 and a low of $0.01155, there are several key levels to monitor for potential breakout or pullback.
🔍 Key Levels to Watch
1. Support Zone: $0.01356
After recent fluctuations, the price has found solid support around the $0.01356 level. A bounce from this zone could indicate a potential rally toward the next resistance.
2. Resistance Zone: $0.01790
The 24-hour high of $0.01790 has proven to be a tough resistance for POND. If the price breaks above this level, we could see further upside towards the next target.
3. Target Price: $0.01822
A breakout above the resistance at $0.01790 could lead to the next target at $0.01822, which aligns with the SAR (Stop and Reverse) level, signaling a strong bullish trend if reached.
⚡ Trend Analysis
Bullish Momentum: The price has been on an upward trajectory, with a notable 28.14% increase over the past 24 hours.
Volume Analysis: With 850.45M POND traded in the last 24 hours and 12.46M USDT in volume, the market sentiment is clearly leaning towards buying pressure.
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