Bearish Breakdown Setup on $POND /USDT – Short Entry Opportunity
POND/USDT has broken below its intraday support, confirming bearish momentum on the 15-minute chart. The price is sustaining under resistance at 0.00965, with lower highs forming and sellers taking control. This setup favors a continuation toward deeper support levels.
Entry: 0.00945
Target 1: 0.00906
Target 2: 0.00890
Target 3: 0.00880
Stop-Loss: 0.00965
Risk Management: Use only 3–5% of capital. Shift stop-loss to entry after Target 1 is achieved to secure profits and protect against reversals.
Pro Tip: Monitor volume closely; if breakdown candles continue with strong volume, expect an accelerated move toward deeper support zones.