$POND
/USDT Technical Analysis 🎯
The POND/USDT trading pair is showing a promising upward trend. Here’s a detailed analysis with three potential targets:
Current Price: $0.02190 (+5.49%)
Targets to Watch
1. Target 1: $0.02300
Analysis: This is the immediate resistance level. Breaking above this point could signal strong bullish momentum.
Strategy: Monitor trading volume closely. A spike could confirm a breakout.
2. Target 2: $0.02550
Analysis: A mid-term target, representing a 16.44% upside from the current price.
Strategy: Look for consolidation above $0.02300 before aiming for this level.
3. Target 3: $0.02800
Analysis: A longer-term target, aligning with the next major resistance. Achieving this could indicate a full trend reversal.
Strategy: Ideal for swing traders. Use stop-loss orders to manage risks.
Key Indicators
24h Volume (POND): 1.60B – strong liquidity supports movement.
24h High/Low: $0.02245 / $0.01681 – volatility provides trading opportunities.
Support Levels: $0.02100, $0.02000 – critical for managing downside risks.
Next Steps
Analyze market conditions and track the 4h and daily charts for confirmation. Be ready for sharp movements as trading activity increases.
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