$POL Momentum Losing Steam – Time for a Controlled Reversal....
$POL just touched a fresh high at 0.2035 on the 15-minute chart but is now showing early signs of exhaustion with a strong rejection wick and slowing volume. A short-term correction could be on the table.
Short Setup:
Entry Zone: 0.2010 – 0.2025
Target 1: 0.1972
Target 2: 0.1938
Stop Loss: 0.2048
Price action shows overextension with back-to-back green candles. This short aims to capitalize on the pullback before any new base is formed.