POL/USDT Trading Strategy
1. Current Price: 0.5989 USDT
2. Period: 3 days
3. Trading Direction: Short
Technical Analysis and Strategy Logic
Daily Analysis:
RSI(6) is 39.75, at a relatively low level, but has not yet fully entered the oversold zone, indicating further downside potential.
MACD shows increasing green bars, with strengthening bearish momentum.
Trading volume is gradually decreasing, indicating weakened market buying support.
Three-Day Analysis:
RSI(6) is 56.06, showing a neutral to bearish trend.
MA5 and MA10 have formed a death cross, confirming the downtrend.
DIF and DEA are gradually weakening, and the MACD indicator shows strong bearish strength.
Weekly and Monthly Analysis:
The weekly chart shows the end of upward momentum, with a top signal appearing; RSI is declining.
The monthly candlestick has closed with an upper shadow, indicating that bulls are facing resistance and may encounter adjustments in the future.
Trading Strategy
Entry Price: 0.5980 USDT
Take Profit Price: 0.5100 USDT
Stop Loss Price: 0.6200 USDT
Position Size: 15%
Leverage: 2x leverage
Click the trading pairs below to trade $POL
