$POND /USDT: Range Breakout Trade Opportunity
1. Entry Point: $0.02350 (confirmation above range resistance)
2. Take Profit Targets:
TP1: $0.02450
TP2: $0.02550
TP3: $0.02650
3. Stop Loss: $0.02280
4. Technical Insight: $POND /USDT is moving within a consolidation range. A breakout above $0.02350 indicates a continuation of bullish momentum.
5. Risk-Reward Ratio: Favorable 1:3 setup with clearly defined stop loss and profit targets.
6. Trend Outlook: Short-term bullish sentiment supported by steady higher lows and volume accumulation.
7. Volume Confirmation: Monitor for a volume spike at $0.02350 to confirm breakout validity.
8. Trailing Stop Suggestion: Adjust SL to $0.02350 once TP1 is achieved to lock in profits.
9. Timeframe: Ideal for short-term intraday and swing trades targeting quick upward movements.
10. Reminder: Maintain disciplined risk management and secure partial profits at each target level.