POND/USDT: Small Waves , Big Ripples, Targeting 20%,60%,100%+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.
