š $POND /USDT Short Trading Signal Alert š
š Analysis Overview:
$POND/USDT has risen by 4.60% over the last 24 hours, encountering resistance near $0.020. This creates an opportunity for a potential short trade with expected retracement.
š” Signal Details:
ā¢ Entry Zone: $0.0195 - $0.0200
ā¢ Take Profit Levels:
ā¢ TP1: $0.0185
ā¢ TP2: $0.0180
ā¢ TP3: $0.0175
ā¢ Stop Loss (SL): $0.0205
ā¢ Risk/Reward Ratio: 1:3
š Key Highlights:
1. Resistance near $0.020 is showing significant selling pressure.
2. Momentum indicators signal overbought conditions, hinting at a correction.
3. SL positioned just above the resistance to minimize risk.
4. Secure profits gradually as the price approaches the targets.
5. Suitable for short-term traders targeting retracement opportunities.
š Trade responsibly and stick to your strategy.