$POL Signal】Weak rebound, short-term downtrend targeting the lower boundary


$POL 1H timeframe rebounds to the upper Bollinger Band with a gap in buying volume; 4-hour MACD shows a death cross that has not changed, open interest remains stable but price momentum is weak. Selling pressure is accumulating above 0.0915, with sparse active buy orders.

🎯Direction: Short

⚡Entry: Short at the current price of 0.09147, or wait for a rebound to around 0.0918 to add to the short.

🛑Stop Loss: 0.09240

🚀Target 1: 0.08412

🚀Target 2: 0.08081

🛡️Trade Management:
- Execution strategy: Reduce half of the position when the price reaches 0.08412; move the remaining stop loss down to the entry price. If the price rebounds and breaks above 0.0918 and stabilizes, then exit and observe.

The 4-hour price remains below the EMA20 and EMA50, indicating a clear medium-term bearish trend. The buying volume on the 1-hour chart is gradually diminishing; although the latest 1-hour buy ratio is 59%, the price has not made a new high, typical of a volume-less rebound. Buy orders below 0.089 are thin, and a break below could trigger accelerated declines. The risk-reward ratio is close to 5:1, making it worthwhile to use a smaller position to bet on a retest of the lower Bollinger Band.

Check real-time market 👇 $POL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#成长值抽奖赢金条 #加密市场回调 #比特币震荡走弱
POL1,89%
BTC1,25%
ETH1,33%
SOL0,51%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin