$POND /USDT: Momentum Brewing for a Short-Term Rally
$POND /USDT is currently trading at $0.02945, reflecting a strong 35.90% gain over the last 24 hours.
After bouncing back from a low of $0.02700, the price is eyeing a potential breakout above the immediate resistance of $0.03050.
The current momentum suggests further upside, but traders should remain cautious around critical levels.
Optimal Trade Setup:
Enter around $0.02940 for a quick trade opportunity.
Targets are set at $0.03000, $0.03100, and $0.03200, ensuring manageable increments to lock in gains along the way.
For risk management, a stop-loss at $0.02850 is advisable to minimize downside exposure.
With buying volume picking up and momentum indicators showing recovery, POND is positioned for a short-term push.
Keep a close watch for confirmation above the resistance to ride this wave effectively.