💥$POL /USDT Breaks Resistance with 4.43% Growth!🔥
🌟Current Price: 0.2333 USDT (4.43%)
🌟24-Hour High: 0.2394 USDT (Key breakout level)
🌟24-Hour Low: 0.2152 USDT (Critical support level)
Volume (24H):
🌟POL: 76.68M
🎉USDT: 17.36M
⚡POL has surged by 4.43%, nearing its 24-hour high. The candlestick chart shows bullish momentum, with the current price breaking through important resistance levels
⚡Technical Indicators 🧩
1. RSI: Approaching overbought territory; monitor for signs of reversal
2. Bollinger Bands: Widened, indicating increased volatility
3. MACD: Shows bullish crossover, confirming strong upward momentum
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Trade
👉Entry Point: Above 0.2340 USDT (on confirmed breakout with high volume)
👇Take-Profit Targets:
🎯TP1 (1:1): 0.2380 USDT
🎯TP2 (1:2): 0.2430 USDT
💢Stop Loss: Below 0.2290 USDT
🎖️Bearish Scenario
Type: Reversal Trade
👉Entry Point: Below 0.2280 USDT (on confirmed rejection at resistance)
👇Take-Profit Targets:
🎯TP1 (1:1): 0.2230 USDT
🎯TP2 (1:2): 0.2180 USDT
💢Stop Loss: Above 0.2300 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, once TP1 (0.2380 USDT) is achieved
Move Stop Loss to Breakeven (Entry Price)
Close 50% of trade quantity, securing gains while holding for extended targets
Similarly, for Bearish Setup, adjust Stop Loss to Entry after reaching TP1 (0.2230 USDT) to protect gains
⚡Key Notes ✍️
1. Volume Confirmation: Validate breakout or breakdown with increased trading activity to avoid false signals.
2. Monitor the 0.2394 USDT resistance zone closely—a decisive breach could propel POL further.
3. Stay disciplined with your risk management, as price volatility remains high.
Disclaimer: #DYOR*
Buy Or Trade With Me On $POL
