DoubleBottomReversal
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$POL /USDT Analysis (30 Min Chart)
The market is forming a double-bottom around 0.5870, indicating a potential bullish reversal. Buyers are gradually stepping in, but confirmation through a breakout above key resistance remains critical.
🔹 Long Entry: 0.5900
🎯 Target: 0.6100 - 0.6200
🛑 Stop Loss: 0.5780
Next Move:
A clean breakout above 0.5900 confirms bullish momentum, targeting levels around 0.6100+.
Failure to breach resistance could reverse momentum, pushing the market back towards 0.5800.
Stay cautious and prioritize risk management!
#MarketWatch #DoubleBottomReversal #POLUpdate #RiskManagedTrades
The market is forming a double-bottom around 0.5870, indicating a potential bullish reversal. Buyers are gradually stepping in, but confirmation through a breakout above key resistance remains critical.
🔹 Long Entry: 0.5900
🎯 Target: 0.6100 - 0.6200
🛑 Stop Loss: 0.5780
Next Move:
A clean breakout above 0.5900 confirms bullish momentum, targeting levels around 0.6100+.
Failure to breach resistance could reverse momentum, pushing the market back towards 0.5800.
Stay cautious and prioritize risk management!
#MarketWatch #DoubleBottomReversal #POLUpdate #RiskManagedTrades
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