Analysis of POL (formerly MATIC)
📍 Entry: at the current price 0.25185
🛑 Stop Loss: Daily close below the red line 0.23078 (breaking this level invalidates the head and shoulders pattern – expected loss of about 9%).
🎯 Targets:
First Target: 0.32550
Second Target: 0.42149
Third Target: 0.52502
Fourth Target: 0.61236
💡 Note:
With each target achieved, it is preferable to take some profits.
The faint red line is an additional confirmation of the upward trend only.
The white lines represent resistance areas.
The trade is medium-term (Swing) and may take from two weeks to a month.
⚠️ Not a financial recommendation, do your own research before making any investment decision.