🟢 Analysis #POL /USDT on the chart (timeframe 1 day) from 28/11/2024:

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Long and short scenarios with probability assessment:

🟢 Long scenario:

Probability 65% — Price is held above key EMAs (20, 50), as well as above the level $0.5150 (0.5 Fibonacci). Holding these zones confirms a bullish trend. Breaking the level $0.6127 (0) will open the way to targets $0.6655, $0.7338, and $0.8081.

🛑 Short scenario:

Probability 35% — A bearish scenario is possible when bouncing off $0.6127 (0) or breaking down $0.5150 (0.5 Fibonacci). In that case, targets are located at $0.4916, $0.4749, and $0.4173.

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⚠️ General conclusion:

#Polygon is held above key EMA levels 20 ($0.5316) and $0.5150 (0.5 Fibonacci), which confirms an upward trend. Breaking $0.6127 (0) activates growth targets up to $0.7338 and $0.8081. Losing the level $0.5150 will strengthen the bearish scenario with a correction to $0.4916 and below.

#Polygon whales bought over 59 million $POL in the last 48 hours!