🔍 Technical Analysis of POL/USDT – Target 0.3 USDT
⏰ Time Frame: 8H
💹 Current Price: 0.2430 USDT
📌 1. Price Structure
POL is steadily accumulating around the 0.2400 region, building a solid base after the previous correction. The positive sideways pattern with decreasing volume indicates a potential upcoming breakout.
📈 2. Technical Indicators
RSI: Currently at 61.96, indicating that buying momentum is dominant.
MACD: Still above the signal line, with no clear signs of divergence, supporting a slight upward trend.
Volume: Currently narrowing – a sign that money is waiting for a strong entry point.
📏 3. Bullish Scenario
If POL maintains the support zone at 0.2400 and has a breakout candle with volume, the target of 0.3 USDT is entirely feasible in the short term.
🚨 4. Suggested Trading Strategy
Entry: Current price range 0.2400–0.2450
Stop Loss: Below 0.2300
Take Profit: 0.3000
Risk:Reward Ratio: Approximately 1:2 → reasonable for swing trading
💬 Summary:
POL is in the preparation zone for a breakout. If the altcoin market maintains momentum, the target of 0.3 USDT could be reached within the next few 8H sessions.