Trading Signal Alert for
$POND /USDT (15-Minute Chart)
Overview:
POND/USDT has surged by 24.13%, currently trading at $0.02099. The coin has broken out of its consolidation phase, supported by strong buying momentum. However, with an RSI of 90.61, overbought conditions suggest potential volatility or retracement.
Signal Details:
Current Price: $0.02099
Entry Price: $0.02050 (wait for retracement)
Support Levels:
1. $0.01857 (nearest support)
2. $0.01661 (24-hour low)
Resistance Levels:
1. $0.02176 (24-hour high)
2. $0.02220 (psychological resistance)
Take-Profit Targets:
1. TP1: $0.02150
2. TP2: $0.02200
3. TP3: $0.02300
Stop Loss: $0.01830 (below support for risk protection).
---
Cautionary Note:
High RSI suggests overbought conditions. Wait for price stability or a confirmed breakout above $0.02176 before adding positions.
Watch for volume increases to confirm trend continuation.
#CryptoTrading #Altcoins #PONDUSDT #TradingSignals #CryptoAnalysis