$POND
POND
0.00385
-3.99%
BULLISH SETUP EMERGING
$POND is showing bullish signs after holding support near 0.00400. Price action indicates buyers are stepping in, forming higher lows and preparing for a potential breakout above immediate resistance. A move above 0.00410 could accelerate the upward trend.
Entry: On breakout above 0.00410 resistance
Targets (TP):
TP1: 0.00415
TP2: 0.00418
TP3: 0.00425
Stop Loss (SL): Below recent swing low at 0.00400
Risk Management: Use a position size of 1-2% of trading capital and trail SL as price moves in favor to protect gains while managing risk.