Technical Analysis for $POND
/USDT
1. Trend Overview:
Current Price: $0.02552
Momentum: Bullish (Price is up 10.96% today)
2. Support and Resistance Levels:
Support: $0.02377
Resistance: $0.026
3. Indicators:
EMA: Price trading above EMA signals upward momentum.
MACD: Positive, indicating bullish momentum.
BOLL: Price near upper band; potential breakout or short-term correction.
SAR: Bullish, as dots are below the price.
4. Trade Momentum:
24h trading volume is strong at 483.50M POND, indicating high market interest.
Buyers dominate, supporting further price action upward.
Trade Signals & Targets
1. Target šÆ 1: $0.02650 (Short-term resistance, take quick profit)
2. Target šÆ 2: $0.02800 (Medium-term target with strong bullish continuation)
3. Target šÆ 3: $0.03000 (Long-term resistance in case of breakout above $0.02800)
Stop-Loss: Place at $0.02350 to manage risk.
Momentum: Strong bullish. Watch for corrections near $0.02650.
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