Technical analysis by PROFITPULSE10X about Symbol POND: Buy recommendation (12/26/2024)

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.