$POND Approaching Resistance – Key Breakout Levels in Sight
$POND is trading at $0.02247, showing strong recovery momentum after testing a recent low of $0.02023. The price is approaching a critical resistance level at $0.02300, where a breakout could trigger further bullish activity. The RSI is at a healthy 54, indicating room for additional upward movement without being overbought. Traders should consider entering near the current price of $0.02250 with tight take-profit targets set at $0.02280, $0.02300, and $0.02320 to capture short-term gains. A stop-loss at $0.02200 will help manage downside risks in case of rejection at resistance. Watch for increased volume near resistance to confirm a potential breakout.