Coin Name : $POL
Trade Type : Long
On the 4-hour chart, POL is forming an ascending triangle, a well-known bullish pattern. If POL successfully breaks the resistance at $0.665, we could witness a massive pump of 20-25%. This pattern indicates that buyers are gaining control, pushing the price toward a potential breakout.
The Bitcoin Dominance 4-hour chart is forming a symmetrical triangle, presenting a 50/50 chance of reversal. However, since Bitcoin Dominance is bearish on the longer timeframe, another dip of ~2.3% is likely.
Impact on $POL:
A decline in Bitcoin Dominance usually shifts liquidity into altcoins, fueling significant price surges across the altcoin market—including $POL.
Both Binance and Bybit are reducing funding rates, incentivizing traders to open long positions. Additionally, Bybit's open interest has climbed to around $43 million, signaling strong market engagement for $POL .
The liquidation heatmap shows significant liquidity above the current price, suggesting whales may push prices higher to target these levels.
All indicators—including the ascending triangle, Bitcoin Dominance trends, reduced funding rates, and liquidity heatmap—point toward a bullish outlook for $POL. A breakout above $0.665 could trigger a massive rally, with potential gains of 20-25%.
Short Term Setup : 👌
Entry : 0.6127 (JOIN MY LIVE STREAM FOR FREE SIGNAL ) 👈
1st TP : 0.6326
2nd TP : 0.6426
3rd TP : 0.6714
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