šŸ”“ $POL /USDT – Bearish Reversal Alert šŸ“‰

$POL is currently in a strong bearish reversal, dropping 3.88% to 0.2380 after failing to sustain above 0.2536. The market shows high selling pressure, but extreme oversold conditions suggest a potential short-term bounce.

šŸ“Š Trade Setup (Short-Term / Rebound Watch):

šŸ’° Entry: Current levels near 0.2380

šŸŽÆ Targets (Potential Bounce):

• TP1: 0.2424

• TP2: 0.2465

šŸ›‘ Stop Loss: 0.2353

šŸ’” Technical Insight:

RSI: 24.6581 (deeply oversold) — indicates a likely short-term bounce.

MACD: Strong bearish momentum — overall trend remains negative.

Market Prediction: Expect a brief rebound due to oversold conditions, but the bearish trend may continue unless buying volume picks up significantly.

⚔ Outlook: Cautious bullish for short-term rebound; avoid chasing rallies and manage risk carefully!