POL/USDT
Current status: The price is moving within an upward channel.
This pattern is more suitable for day traders who rely on corrections and narrow movements.
The two possible scenarios currently are:
Bullish scenario: If the price manages to break through the resistance at $0.28 - $0.30, it is expected to continue rising towards the following targets: $0.35 then $0.40.
Bearish scenario: If it fails to break and retraces downwards, it may decline towards the lower limit of the upward channel at the level of $0.22.
Conclusion: The trend is positive as long as the price remains within the channel.
