$POND /USDT – Short Opportunity Forming Below Key Resistance! 🚨
$POND is currently trading at $0.01059, struggling to reclaim recent highs around $0.01080. The rejection near this level and the lower highs forming suggest a weakening bullish momentum — ideal conditions for a short setup.
📉 Trade Setup:
A confirmed breakdown below $0.01050 could trigger a decline toward:
TP1: $0.01020
TP2: $0.00990
🛡️ Risk Management:
Stop-Loss: $0.01085 (above recent wick highs)
Trailing SL Tip: Once TP1 is reached, trail your SL to breakeven to secure gains.
📊 Pro Tip: Watch for volume to spike on the downside — increasing sell volume below $0.01050 could accelerate the decline. Bearish confirmation = green light for shorts.
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