๐ด $POL - price update: ๐ด
We saw a nice +30% wave upward started from the 06/05, but it got stopped at $0.2800 resistance!
The current price remains pretty neutral (daily), and the main uptrend has been lost.
[Trend & Short-Term Bias / Multi-Timeframe Observation]
Bearish setup [H4] & potential signal #DYOR ๐
Buy pressure remains weak here, and I think that a dump to test the $0.2150โ$0.2180 area (magnet 50% fib) support could be seen next!
Safer Entries:
Long: Only if strong reaction/bounce from the $0.2150โ$0.2180 support.
Short: Clean rejection at $0.2270 or breakdown below $0.2215.
Safer short: A clean rejection or failed bounce at $0.2270 or breakdown below $0.2215.
Key levels to monitor:
๐ฅ Resistance: 0.2360 | 0.2440 | 0.2520 | 0.2630
๐ฉ Support: 0.2270 | 0.2215 | 0.2150 | 0.2110 | 0.1980
