$POND Showing Weakness After Resistance Rejection – Downside Likely 📉

Trade Setup: SHORT

Entry Zone: 0.00238 – 0.00248

TP1: 0.00220

TP2: 0.00202

TP3: 0.00182

SL: 0.00272

Price is facing strong rejection near the 0.00270–0.00280 resistance region after an aggressive intraday expansion. Momentum is fading as buyers struggle to sustain structure above local highs, while volatility remains elevated after the +70% move.

Bearish pressure is starting to build with liquidity resting below short-term support zones. If weakness continues and 0.00230 breaks cleanly, a downside sweep toward lower demand areas becomes increasingly likely.

Risk remains high due to recent volatility and monitoring status, so position sizing and invalidation discipline matter here.

Trade Here On $POND 👇

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