pol/USDT

Current Market Overview

Price: ~$0.1876 USD

24h Range: $0.1804 – $0.1921

24h Change: -1.6% approximately

Market signals show bearish sentiment, but some technical indicators suggest a possible reversal.

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📊 Technical Analysis

Trend: Downward, but showing early signs of a possible bullish reversal.

Pattern: A Falling Wedge is forming — a historically bullish pattern that, if broken upwards, could lead to a significant rally.

Indicators:

RSI and MACD are showing bullish divergence, indicating momentum is shifting.

A recent Golden Cross (short-term MA crossing long-term MA) suggests a potential trend shift.

Summary

Entry Zone: $0.18 – $0.20

Stop-Loss: Below $0.18

Target: $0.30 – $0.37

Trend Watch: Confirm a breakout from the wedge for strong bullish confirmation.