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 faces some resistance at the channel bottom, tries to go in again.

Midterm targets have been given (blue marked), it’s up to you what kind of play it becomes (short,mid or longterm).

Happy trading…