$POL – BEARISH MOMENTUM SIGNAL!
$POL bounced from 0.2315 but faced rejection near 0.2460, now trading at 0.2404 (-0.83%) with a fresh red candle. The failed attempt to hold above resistance shows weak buyer strength, while volume confirms selling pressure on rallies. A breakdown below 0.2380 could accelerate downside toward 0.2340 – 0.2315. Unless bulls reclaim 0.2460+, momentum favors the bears.
Trade Setup
🔻 Short Entry: 0.2400 – 0.2420
🎯 Targets: 0.2380 / 0.2340 / 0.2315
❌ Stop Loss: Above 0.2470
Rejection at resistance signals a bearish continuation — sellers likely to push price lower.