$POND /USDT BEARISH PULLBACK — BULLS LOSING CONTROL BELOW MICRO-SUPPORTS!
$POND is currently trading at $0.01027 (-4.29%), breaking down after repeated rejection from the $0.01120–$0.01140 resistance zone. Price action on the 1h chart shows a steady decline with lower highs and lower lows, confirming bearish momentum building beneath $0.01060 support.
Trade Setup: (Short Setup)
Entry Zone: $0.01030 – $0.01050
Take Profit (TP): $0.00985
Stop Loss (SL): $0.01070
Market Outlook:
Unless price closes back above $0.01070 with strong volume, the path of least resistance remains downward. Break below $0.01000 would accelerate selling pressure toward sub-cent levels.
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