đš $POL /USDT at Critical Crossroads â Key Support and Resistance Levels for Optimal Entry! đš
POL/USDT is currently trading at $0.3802 on the 4-hour chart, hinting at potential moves both upwards and downwards. Momentum is building as it sits between a significant support zone and a resistance barrier.
đĄ Support Level: $0.3692 USDT â A solid area of defense. If this level holds, it can be a great entry for long positions with a stop loss at $0.3650 to protect from deeper downside risk.
đ§ Resistance Level: $0.3882 USDT â A break above this key resistance could signal the start of an upward surge. For short-term traders, a breakout entry above this level with a target at $0.4100 and a stop loss at $0.3820 offers a calculated risk-reward.
đź Short-term Strategy: Enter long above $0.3882, target $0.4100, with a stop at $0.3820.
đ Short-term Bearish Move: A rejection at $0.3882 could pull prices back to test the support at $0.3692.
đ Long-term Strategy: Accumulate at $0.3692 with a stop below $0.3650, aiming for a rally towards $0.4300. Stay vigilant as volumes indicate potential for volatility!
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