Breakout Candidate: $POL
Current Price: $0.286
Resistance: $0.2866 (price is already above resistance → early breakout)
Support: $0.2723
Setup Insight: POL has a high breakout probability (91.9%) and is already trading above resistance (negative distance to resistance = early breakout confirmation).
Early Momentum Score = 1 (buyers stepping in).
Volume Accumulation = 2.75x (healthy inflow).
Volatility Compression = 14.36% (medium, ready to expand).
Targets:
• Initial: $0.2923
• Extended: $0.3009
• Stop Loss: $0.2669
Risk/Reward: 0.18 (very low → the stop is wide vs. upside target).
Signals: RSI 🟢 bullish | MACD ⚪ neutral | Accumulation 🟢 strong (2).
📊 Trade Insight: POL is in a fresh breakout above resistance, supported by accumulation and RSI bullishness. MACD hasn’t confirmed yet (still neutral), but momentum and volume are pushing price higher.
⚠️ Risk Note: R/R is weak (0.18) since the stop-loss is far relative to the profit zone. That means the setup favors momentum scalpers rather than swing traders.
✅ Trader’s Edge: POL is technically a confirmed breakout with strong participation. Safer entries are closer to $0.286 support retest; otherwise, momentum chasers can ride it into $0.292 → $0.301.
💡 Trade Idea: Enter on a retest of $0.286–0.287 for better R/R. Keep stop at $0.2668. Targets at $0.292 → $0.301.