Technical analysis by weslad about Symbol POND: Buy recommendation (3/6/2025)
https://sahmeto.com/message/3298066

weslad
Rank: 34210
Analytical Power:
1.2
Pondusdt Buy opportunity
:Buy
Price at Publish Time:
$0.01164
Profit Target:
(+42.90%)$0.016633
Stop Loss Price:
(-22.68%)$0.009

The previously discussed breakout from the wedge structure on POND propelled the price toward the projected target. Following this move, a deep corrective phase ensued, bringing the price into a key support zone. This area of interest is expected to serve as a strong re-accumulation zone, while the main supply zone remains a critical resistance level to monitor for potential reversals for bullish continuation.
Source Message: TradingView