đš $POL /USDT UNDER PRESSURE â IS THIS A CRUCIAL TURNING POINT? đš
POL/USDT is trapped in a descending channel, consolidating with significant downward pressure. The price has broken down to $0.3734, with buyers stepping in at key support. The 24h Low stands at $0.3710, forming a critical zone to watch for potential bounces.
đĄ Key Levels to Watch đĄ
âą Immediate Resistance: $0.3850 USDT â A breakout above could trigger a relief rally toward $0.3882.
âą Support Zone: $0.3710 USDT â This is the must-hold level. If it breaks, expect a potential slide to $0.3650 or lower.
⥠Entry Strategy âĄ
âą Long Entry: Consider entering around $0.3720 - $0.3730 USDT with a tight stop loss at $0.3700. First target around $0.3850 USDT.
âą Short Entry: If the price fails to break resistance, short entries around $0.3800 USDT with stop loss at $0.3855, targeting $0.3650 USDT.
This is a pivotal moment, and sharp movements are likely in either direction. Stay cautious with stop losses in place!
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