To examine POND/USDT for both immediate and long-term prospects:
Key Findings from the Chart: Signal for Trend Reversal:
A possible upward advance is indicated by the most recent green "Buy" indicator. Because the price is above short-term EMAs, bullish momentum is supported. Encouragement and Opposition:
Support: The yellow line, or 0.01730, is a strong support. 0.01671 is secondary support. Resistance: 0.0260 is the immediate resistance. notable resistance at historical values of 0.03019 and 0.03490. Momentum & MACD:
Bullish momentum is shown by the increasing green bars on the MACD histogram. MACD line crossovers are conducive to continuation. Objectives: Short-Term Objective:
20 percent first TP: 0.0275. Entry between current levels of 0.0225 and 0.0230. Stop Loss (SL): Below the current support level of 0.0170. Mid-Term Goal: 60 percent second TP: 0.0340.
Long-Term Goal: 100 percent third TP: 0.0420. In the long run, we can expect significant gains of 150%–200% if the price breaks over 0.0420. Approach: Short-term traders should tighten their stop loss at 0.0200 and buy close to 0.0225 with a goal of 0.0275. Mid-Term Investors: Build up on declines around 0.0173-0.0180 in order to reach 0.034. Long-Term Holders: For higher returns, wait for a possible breakout over 0.0420. Risks: Bearish emotion could resurface and render the setup useless if the price drops below 0.0167.