Price: 0.00873 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 41.4 | Resistance: 0.00995 | Support: 0.0086 | Average Volume: 4801084.8 | Volume Trend: Decreasing
Based on the 1h chart, here's my technical analysis of PONDUSDT:
**Short-term trend:** Bearish
**Long-term trend:** Neutral
The EMA7 and EMA25 are bearishly aligned, and the RSI14 is in the neutral zone, indicating a potential reversal. The MACD is slightly bearish, and the volume trend is decreasing, which suggests a lack of buying interest.
**Entry Prices:**
* Long: 0.0090 (break above EMA25) with a stop-loss at 0.0088
* Short: 0.0085 (break below support) with a stop-loss at 0.0087
**Spot Buy Price:** 0.0088 (just above the support level)
**Caution:** Be cautious of the decreasing volume trend, which may indicate a potential consolidation or reversal. Monitor the price action closely and adjust your strategy accordingly.