$POND

To analyze whether POND/USDT could rise, several points can be studied based on the chart:

1. RSI (Relative Strength Index):

The RSI is close to 40, indicating no immediate oversold or overbought conditions. This suggests a neutral zone that could shift either way.

2. Volumes:

Volume is decreasing compared to previous peaks. This could indicate a temporary loss of bullish momentum or a potential sideways movement.

3. MACD:

The MACD is below the zero line with weak divergence. This shows that the trend is not yet bullish but could shift if positive divergence strengthens.

4. Japanese Candlesticks:

Recent candlesticks show hesitation. A breakout above the current resistance (around 0.0217) would be necessary to confirm an upward trend.

5. Support and Resistance:

Support: 0.0197

Resistance: 0.0217. A clear break above this level could signal continued bullish movement.

Conclusion:

Currently, the signals are mixed. If you observe an increase in volume alongside a breakout of key resistances, it could present a buying opportunity. However, wait for confirmation to avoid false signals.