📊 Polygon Trade Setup – Watching for a Bullish Move! 🔥
Coin: Polygon ($POL )
Price: 0.2193 USDT
Quick Take: Price is holding above short-term support with early signs of bullish momentum. Volume remains steady while RSI starts to turn up – potential for upside if confirmed.
Type: Long
Pair: MATIC/USDT
Timeframe: 1h
📥 Entry Zone: 0.2150 – 0.2200
🎯 Target Price 1: 0.2250
🎯 Target Price 2: 0.2300
🛑 Stop Loss: 0.2120
Technical Analysis:
MATIC is stabilizing near a key support zone on the 1h chart. While moving averages still lean bearish overall, the RSI is beginning to recover from oversold territory. A bullish divergence may be forming, and volume has shown a slight uptick. If momentum continues, a breakout toward the $0.2250–$0.2300 zone is likely.
⚠️ Not financial advice. Use stop-loss. Trade responsibly.