$POL / USDT - Price analysis:

8 weekly red candles in a row! 🚨

Weekly RSI = oversold, but bearish pressure remains consistent 📉

Double bottom possible [Daily] above the $ 0.100 level, but without buy volume & support, another sharp dump is also on the table! ⚠️

My take:

I'm waiting for fresh buy volume & reversal confirmation.

Looking for a breakout of the bearish channel [H4 view], or at least a retest of the lower channel trendline to jump in! 📈

Patience is key here - Let the market show its hand before entering.

📊 Key levels & scenarios marked in my chart.

#POL #Polygon