$POND /USDT- Bullish has recently broken above 0.00943 USDT, holding above this level supported by the 61.8% Fibonacci retracement; immediate resistance lies around 0.00949. Key support zones to watch are between 0.00932 and 0.00943.
Fibonacci Levels:
Retracement status: The 61.8% Fibonacci level at 0.00943 served as a pivotal breakout point.
Price zones:
Support: 0.00932–0.00943
Resistance: 0.00946–0.00949
RSI:
Value: Currently around 76.7, indicating an overbought condition.
Interpretation: Strong bullish momentum is present, but the overbought reading suggests caution for potential near-term pullbacks.
Entry Zones:
Safer: Around 0.00932–0.00935, offering a solid support buffer just above the 61.8% retracement.
Aggressive: On a pullback closer to 0.00925–0.00930, slightly below the Fibonacci pivot—higher risk but potentially better reward.
Take-Profit Zones:
TP1: Around 0.00946–0.00949 — aligns with recent resistance levels.
TP2: If bullish momentum continues beyond, consider targeting 0.00960, a round-level breakout zone (speculative, not directly mentioned in sources).
Stop-Loss Ideas:
Conservative SL: Below 0.00930, just under key Fibonacci support to guard against breakdown.
Tight SL: Just below 0.00932, tightening risk while still respecting support structure.
