$POND/USDT: Riding the Wave – Key Targets in Focus!

POND

0.02993

+32.49%

The $POND/USDT pair has seen a massive 34.05% surge and is currently trading at $0.03000. With the strong momentum, traders are watching critical levels for further upside.

Current Price: $0.03000

Main Targets:

1. Target 1: $0.03194 (Immediate Resistance Zone)

2. Target 2: $0.03590 (24-hour high and breakout confirmation level)

3. Target 3: $0.03850 (Extended Upside Momentum Target)

Technical Highlights:

Moving Averages: MA(7) at $0.03054 and MA(25) at $0.03032 indicate short-term consolidation, while MA(99) at $0.02560 highlights strong long-term support.

High Volume: 24-hour trading volume is at 2.20B $POND, reflecting strong buying interest.

Support Levels: $0.02739 acts as a crucial support zone.

Trading Strategy:

Entry Zone: Consider entering near $0.02950-$0.03000 for the best risk-to-reward ratio.

Book Profit: Partial profit at $0.03194 and $0.03590, hold at $0.03850 in case of continued upside.

Stop Loss: Place stop loss below $0.02700 to manage downside risk.

Market Outlook:

POND is showing strong bullish momentum supported by high volume and positive market sentiment. Watch for confirmation of breakout above $0.03194 to signal continuation of trend towards higher targets.#POND#CryptoSignals#BinanceTrading#PONDUSDT