Technical Analysis for $POL
/USDT🔥💯💯
Current Price: $0.4764 (+4.04% in the last 24 hours)
Trend: Bullish short-term momentum
RSI (Relative Strength Index): Currently neutral, not overbought or oversold, indicating a possible continuation of the trend.
Moving Averages: The short-term moving averages are trending upward, showing positive momentum.
Support Level: $0.4456 (24h Low)
Resistance Level: $0.4765 (24h High)
Volume: Significant 24h volume at 12.68M USDT, indicating healthy trading activity.
Trade Signal
Buy Signal: Enter buy position if the price stays above the key support of $0.4550, aiming to test resistance levels.
Target Levels 🎯
1. Target 1: $0.4800 – Testing the upper resistance area.
2. Target 2: $0.4900 – Reaching the next resistance level, marking further bullish continuation.
3. Target 3: $0.5000 – Psychological level and key price action milestone.
Trade Momentum:
Bullish momentum is building, but caution is advised around the resistance area.
Risk management is important, especially near the resistance zones.
Keep an eye on volume and price action around the key levels for confirmation of trend continuation.
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