#POLUSDT 60

POL/TETHERUS

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Binance

#POL

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We are seeing a rebound from the lower boundary of the descending channel, which is support at 2270.

We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 0.2270

First target: 0.2322

Second target: 0.2374

Third target: 0.2430