$POND

/USDT: Consolidating with Potential for Reversal 📊📈🔥

Current Price: 0.02237 USDT (-0.97% in 24h)

Momentum: Neutral to Bearish

Trade Strategy

Bullish Setup:

Buy: Around 0.02240

Targets:

🎯 0.02300 (Short-term resistance)

🎯 0.02400 (Next resistance zone)

Stop-Loss: Below 0.02200

Bearish Setup:

Short: If price drops below 0.02200

Targets:

🎯 0.02150

🎯 0.02100

Stop-Loss: Above 0.02300

Watch Out:

RSI: Look for a potential reversal if RSI starts rising from the oversold zone.

MACD: A bullish crossover could indicate the start of an uptrend after the recent dip.

Possibility 1: Bullish Reversal

The price could find support at 0.02200, leading to a bounce towards 0.02300 or 0.02400.

Possibility 2: Continued Downtrend

A break below 0.02200 could push the price lower, targeting 0.02150 or 0.02100.

Monitor price action and adjust your strategy accordingly for the next move!

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