pondustd

#pondustd
$POND
🔎 Chart & Technical Analysis

1. Price Action

Current Price: 0.01070 USDT

24h High: 0.01112 USDT

24h Low: 0.00792 USDT

Surge: +34% today (strong breakout move).

The last candle shows a sharp vertical spike, confirming a breakout above resistance.

2. RSI (Relative Strength Index)

RSI(6) = 95.41 → Extremely overbought zone.

Typically, RSI above 80 indicates overbought and risk of pullback.

3. MACD (Moving Average Convergence Divergence)

DIF: 0.00039 / DEA: 0.00012 → MACD: +0.00027

Positive crossover indicates bullish momentum.

Sharp rise confirms strong buying pressure.

4. Volume

24h Vol = 1.56B POND / 15.15M USDT

Huge increase in volume → confirms breakout strength.

5. Trend

On the 4H chart, price broke past 0.00897 resistance and rallied to 0.01112.

Momentum-driven breakout, but RSI suggests it may retrace.

📌 Key Levels

Support: 0.00900 – 0.00920

Immediate Resistance: 0.01110 – 0.01130

Next Target if breakout continues: 0.01250 – 0.01300

🚦 Trading Suggestions

🔹 Long Position (Buy)

Only consider if price consolidates above 0.00950–0.01000 (support hold).

Best entry would be on a pullback, not at current overbought levels.

Targets: 0.0115 / 0.0125

Stop-loss: 0.0088

🔹 Short Position (Sell)

RSI is overheated (95+), so a short-term pullback is likely.

Entry: Around 0.0108–0.0111 zone (near resistance).

Target: 0.0095 / 0.0090

Stop-loss: 0.0115
#PONDUSD #CryptoBreakout
$POND