$POL /USDT – BEARS DRIVE PRICE TO NEW LOWS
$POL has dropped to $0.2382 (-3.5%), extending its decline after repeated rejections near $0.2526 – $0.2634. The chart shows a consistent downtrend with strong red candles, as price set a fresh 24h low at $0.2374. Volume spikes during sell-offs confirm increasing bearish dominance, while recovery attempts remain weak and short-lived. If $0.2370 breaks, the next downside targets lie at $0.2320 – $0.2280. Bulls must reclaim $0.2440+ to slow the bearish momentum, otherwise sellers remain firmly in control.
Short Setup:
Entry: $0.2380 – $0.2400
Target 1: $0.2320
Target 2: $0.2280
Stop Loss: $0.2445
The structure favors sellers, and breaking below $0.2370 could trigger further declines.