$POL is showing early signs of a bullish reversal across 1H, 4H, and 1D charts. A breakout from a descending trendline, combined with RSI recovery and reclaim of key levels, suggests potential for continued upside. Accumulation appears complete, and a confirmed close above $0.225 could initiate a new markup phase.
🔍 Key Takeaways
🕐 1H Chart
- Breakout from a symmetrical triangle pattern.
- Change of character (CHoCH) confirmed with close above $0.217.
- RSI at 64 shows bullish momentum, no divergence.
- Entry: $0.215–$0.216 (trendline retest).
- Targets: $0.222 (local liquidity), $0.228 (structural high).
- Invalidation: Close below $0.211.
🕓 4H Chart
- Downtrend break with structure transition underway.
- Accumulation zone forming above $0.200.
- RSI trending above 60, signaling strength without being overbought.
- Entry: Retest of $0.215.
- Targets: $0.225 (supply zone), $0.234–$0.237 (inefficiency).
- Invalidation: Close below $0.209.
📅 1D Chart
- Macro accumulation in progress since April, forming a triple bottom.
- Descending trendline breakout in progress.
- RSI recovering above 50, showing regained momentum.
- Entry: $0.212–$0.215 (trendline support).
- Targets: $0.235 (macro supply), $0.27–$0.28 (range high).
- Invalidation: Close below $0.195.
🧠 Multi-Timeframe Summary
- 1H Triangle breakout, bullish setup
- 4H Trendline break, structure flip
- 1D Accumulation breakout nearing confirmation
📈 Trade Setup Summary
- Primary Entry Zone: $0.212–$0.216
- Targets: $0.222 → $0.228 → $0.235 → $0.28
- Stops: Below $0.209 (swing) / $0.195 (macro invalidation)
⚠️ Disclaimer: This is not financial advice. Please do your own research before investing or trading.
