๐ฅ $POL /USDT โ Tight Structure, Breakout Loading! ๐๐
Current Price: $0.1860
$POL is coiling within a tight consolidation range on the 30-minute chart, forming consistent higher lows and holding firm above the $0.1850 level. Multiple wick rejections near $0.1835 and steady volume suggest accumulation. A breakout looks imminent โ momentum traders, stay sharp!
๐ Trade Setup:
โข Entry Zone: $0.1850 โ $0.1865
โข ๐ฏ TP1: $0.1895
โข ๐ฏ TP2: $0.1920
โข Stop Loss: $0.1820
โก Technical View:
Price structure is compressing with bullish pressure building underneath. A clean break above $0.1875โ$0.1880 could trigger rapid upside.
๐ก Risk Note:
SL below $0.1820 keeps downside risk defined. If invalidated, structure breaks and momentum fades โ manage exposure accordingly.
๐ Strategy Breakdown:
This is a classic coil breakout setup. Bulls are absorbing supply while defending key levels. A volume-backed push could unlock short-term upside toward recent highs.
๐ข Follow @bullishbanteer for more breakout alerts and live trade setups!