$POND /USDT has been on an impressive bullish run, with the price surging from the $0.01555 support level to the current price of $0.01858. The Relative Strength Index (RSI) at 68.67 indicates that the asset is overbought, suggesting a potential pullback or consolidation phase.
* Current Price: $0.01858
* Entry Price: Consider waiting for a slight dip to the $0.01750 - $0.01800 range for a potential entry.
* Resistance Levels: $0.01950, $0.02050
* Support Levels: $0.01750, $0.01650
Take-Profit Targets:
* TP1: $0.01950
* TP2: $0.02050
* TP3: $0.02200
Stop Loss: $0.01600
Caution:
* Traders should exercise caution due to the overbought RSI and potential for a short-term correction.
* Monitor the price action closely for any signs of a breakout or breakdown.
* Always use a stop-loss order to manage risk.
#POND #USDT #CryptoTrading #TechnicalAnalysis #TradingSignal