📈 Analysis and forecast for $POND : is it time to exit? 🚀
As of May 23, 2025, 10:57 EEST, the rate $POND on Binance is $0.01135, with a 13.5% increase over the last 24 hours. The trading volume has increased by 810% (up to $3M), and open positions have grown by 14.92%, indicating heightened interest. The market capitalization is around $93M (with a circulating supply of 8.19B POND). Bullish momentum and whale activity are being discussed on X.
Technically, $POND in an uptrend. On the 4-hour chart, the price has settled above the 50-day moving average ($0.0105), and the RSI (14) at 70 indicates strong momentum, but overbought conditions. Key levels: support — $0.011, resistance — $0.0115. A break above $0.0115 could push the price to $0.0125, but a drop below $0.011 would increase pressure towards $0.0102.
Forecast: in the short term (by the end of May) POND could reach $0.0125 if volume is maintained. By July 2025, a correction to $0.0102 is possible due to overbought conditions. The long-term target for 2026 is $0.018, provided the Marlin ecosystem grows and interest in ZK technologies remains.
Is it time to exit? After a 13.5% increase and the current price of $0.01135, taking profits is justified, especially before the resistance at $0.0115. Set a stop-loss at $0.011 for protection. For long-term investors, holding with a target of $0.0125 is possible, but watch the RSI and volumes. Overbought conditions and high volatility indicate a risk of correction — be cautious! #POND #Binance #CryptoAnalysis
