📊 $POND

Technical Analysis: POND/USDT on Binance 🎯

🔍 Current Market Overview

Price: 0.02271 USDT

24h High: 0.02817 USDT

24h Low: 0.02230 USDT

24h Volume: 306.04M POND / 7.88M USDT

Price Change (24h): -18.98%

📈 Key Levels and Targets

1️⃣ Target 1 - Resistance at 0.02530 USDT

This is the immediate resistance level. If the price breaks above this, it may indicate a short-term bullish reversal supported by increased volume.

2️⃣ Target 2 - Resistance at 0.02691 USDT

Breaking this level would confirm stronger bullish momentum. Traders should watch for rising RSI and MACD indicators to signal further upward movement.

3️⃣ Target 3 - Resistance at 0.02817 USDT (24h High)

This is the highest point in the past 24 hours. A breakthrough here could spark a rally, potentially leading to a retest of previous highs around 0.03000 USDT.

📉 Support Level to Watch

Support at 0.02230 USDT: If the price falls below this, it may signal continued bearish sentiment, with the next support zone around 0.02000 USDT.

📊 Indicators

MA (5): 3,471,843

MA (10): 4,245,969

The price is currently below both moving averages, signaling short-term bearish pressure.

Monitor price action closely around key levels.

Use stop-loss orders to manage risk effectively.

Happy Trading! 🚀

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