$POND has been showing strong price action, forming a symmetrical triangle pattern on the weekly chart. This pattern suggests that the price is consolidating and preparing for a potential breakout. The recent strong rebound from support indicates that buyers are active, and this could lead to further upward momentum.

Current Market Situation:

Resistance Level: The price is currently attempting to break above a key resistance zone. If the price successfully breaks through this level, it could signal a new bullish trend.

Moving Average (MA 50): The 50-period moving average is showing bullish momentum, which supports the idea of further upward movement if the breakout happens.

Ichimoku Cloud: The Ichimoku Cloud shows a key resistance zone above the current price. This level is crucial because it could either act as a barrier or help propel the price upwards if broken.

Potential Breakout Targets:

First Target: $0.0257

Second Target: $0.0420

Third Target: $0.0771

Fourth Target: $0.1200

If the price successfully breaks the resistance, watch for these targets as the price could reach them in a strong bullish move.

Key Levels to Watch:

Buy Zone: Ideally, you can consider entering a buy position when the price breaks and holds above the resistance level around $0.0150–$0.0180 (depending on current price action). A confirmation with increased volume will give you better confidence in entering.

Stop Loss: To manage risk, place a stop-loss just below the recent support level (around $0.0120–$0.0130). This will help protect your position if the breakout fails, as the price could retrace back.

Summary:

Buy Zone: $0.0150–$0.0180 (after breakout confirmation)

Target Zones: $0.0257, $0.0420, $0.0771, $0.1200

Stop Loss: $0.0120–$0.0130 (just below support)

Make sure to follow price action closely, as the breakout could happen anytime. Monitor volume and price movement to confirm your entry.

#POND/USDT #BTCNextMove #USUALAnalysis #CorePCESignalsShift #ElSalvadorBTCReserve