POL has continued its downward trend as anticipated. The price has dropped by over 10% since our last update and has just bounced near the support area. You can consider placing your long position orders within this support zone and waiting for potential upward movement. The resistance level remains unchanged.

$POL analysis:

The price has broken through the support area, which is a concerning sign. If the price cannot reclaim the resistance level, we may experience further downward movement. This is currently a no-trade zone, so it's best to wait for some time before considering new entries.

Lower Support Area: $0.1620-$0.1660

Resistance Area: $0.2000-$0.2080
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