$POND is trading around 0.00264 USDT, down roughly -5.3% in the last 24 hours, after a sharp intraday sell-off followed by a reaction from local support. Price swept liquidity near 0.00260 and quickly bounced, which often signals short-term exhaustion from sellers.

On the 1H timeframe, the structure shows a fast dump, then consolidation with small-bodied candles. This suggests the market is deciding direction. While this is not a confirmed reversal yet, the defense of the 0.00260 zone keeps a relief move on the table if buyers step in with volume.

Trade Setup (speculative bounce scenario)

• Entry Zone: 0.00260 – 0.00265

• Target 1: 0.00272

• Target 2: 0.00280

• Target 3: 0.00288

• Stop Loss: 0.00255

If price reclaims 0.00272 with strong volume, it would signal a short-term trend shift and open the path toward the previous highs near 0.00288. Failure to hold 0.00260 would invalidate the setup and increase downside risk.

#WhaleDeRiskETH #JPMorganSaysBTCOverGold

POND

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