Pond is a Layer 0 protocol which operates for a few years now. We already had Layer 1 and 2 booms in the past (Some are still ongoing) and I think Pond has good papers to be on top of the next narrative, layer 0. From a fundamental perspective it's bullish , also the marketcap makes it attractive as a investment.
At the moment Pond is facing some resistance at...
Welcome to this quick POND/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-POND/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP AND GREEN ZONE BUY
Target:- 30% to 40%
Stop loss:- 0.03986
Remember:-This is not a piece of financial advice. All investment made by me is under my own...
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Everything on the chart.
open pos: market and lower
target: 0.13 - 0.16 - 0.19
after first target reached move ur stop to breakeven
stop: under 0.07 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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POND is trading in a particular zone for some time. Resistance levels are 0.9869 and 0.11558 if daily candle closes above 0.9869 we can see a move to 0.11558. Also if the upper trend line is broke we can see a good move upward to 0.18 level. On the downside support levels are 0.7411and 0.6574
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Hi Traders, PONDUSDT on H4 has broken above a major resistance and has been rejected after the retest. It might go lower down to 0.0613 before it goes higher.
⬆️Buy now or Buy at 0.0613
⭕️SL @ 0.0500
✅TP1 @ 0.0769
✅TP2 @ 0.0892
✅TP3 @ 0.1071
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