🔥 **$POND /USDT: Bullish Surge in Play!**
📊 **Market Sentiment**: $POND /USDT is riding a strong 31.19% gain today, hitting 0.01043 after a breakout from its recent range. Volume spiked to 2.11B POND (21.1M USDT), signaling solid buying pressure.
RSI shows overbought conditions at 27.54% (daily), while MACD hints at continued momentum. Sentiment leans bullish, but watch for profit-taking.
📌 **Key Levels**:
- **Support Zone**: 0.00955 - 0.00980
- **Breakout Trigger**: 0.01160 (recent high)
- **Major Resistance**: 0.01177 - 0.01200
💡 **Trade Setup**: Enter long above 0.01043 with confirmation from a 15m candle close.
Target the breakout trigger at 0.01160 for a scalp, or hold for resistance tests.
🎯 **Upside Targets**:
1. 0.01160 (short-term)
2. 0.01177 (next resistance)
3. 0.01200 (stretch goal)
🛡 **Stop Loss**: 0.00980 below support to limit downside.
⚠️ **Risk Management**: Keep position size small (1-2% risk) due to overbought RSI.
Scale out at targets to lock profits. Avoid chasing if price gaps up.
📈 **$POND Bullish/Bearish Outlook**: Bullish above 0.01043 with volume support, but a drop below 0.00955 could trigger a bearish reversal. Monitor 4h charts for confirmation.