🔻 $POL
USDT – LOW VOLUME NEAR RESISTANCE, POTENTIAL FADE AHEAD!
$POLUSDT is trading at $0.18402, up +0.84%, after touching a 24h high of $0.18461. The price is hovering near short-term resistance, but volume is weak, and momentum appears to be fading, suggesting a possible short-term reversal or consolidation.
🔑 Key Levels:
Support: $0.18100
Resistance: $0.18460
Current Price: $0.18402
🎯 Trade Setup (Short Entry):
Entry Zone: $0.18400 – $0.18460
Take Profit Targets:
TP1: $0.18100
TP2: $0.17900
Stop Loss: $0.18550
📊 Market Outlook:
Although POL has slowly climbed upward, it's now stalling at resistance with very low intraday volume (64.9K). The MA(5) and MA(10) remain bullish but are tightening, showing potential for a cool-off. Without a decisive breakout, this range may become a fade zone for intraday bears.
⚠️ Risk Management:
Limit position sizing to 1–2% of capital. Place stop-loss just above resistance to avoid whipsaws. Look for a lower high formation or bearish candle on the 5m–15m chart before entering.
if you see POL getting rejected at $0.1846 again!
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