$POL

/USDT Technical Analysis and Trade Signal🚀🎯

Current Price: $0.4702 (+5.05%)

Bollinger Bands (20, 2):

Upper: 0.4742

Middle: 0.4604

Lower: 0.4467

Parabolic SAR: 0.4489

24h High: 0.4783

24h Low: 0.4424

Price Action Overview:

POL/USDT has seen a strong bullish move, currently approaching the upper Bollinger Band. The price is trading above the middle band (0.4604) and has recently crossed the Parabolic SAR (0.4489), indicating an ongoing uptrend.

The 24h high at $0.4783 could act as resistance, but the momentum remains bullish with solid volume behind the move.

Key Levels:

1. Support Levels:

Level 1 (First Support): 0.4604 (Middle Bollinger Band)

Level 2 (Second Support): 0.4489 (Parabolic SAR)

Level 3 (Third Support): 0.4424 (24h Low)

2. Resistance Levels:

Level 1 (First Resistance): 0.4742 (Upper Bollinger Band)

Level 2 (Second Resistance): 0.4783 (24h High)

Level 3 (Third Resistance): 0.4850 (Potential psychological level)

Trade Signal:

Trend: Bullish

Trade Setup: Buy on dips or consolidation above 0.4604 (middle band).

Target Levels:

Target 1 (T1): 0.4742 (Upper Bollinger Band)

Target 2 (T2): 0.4783 (24h High)

Target 3 (T3): 0.4850 (Psychological Resistance)

Stop Loss: Below 0.4489 (Parabolic SAR) or 0.4467 (Lower Bollinger Band)

Trade Momentum:

Volume: 24h volume is healthy with POL at 152.96M, suggesting continued interest.

Momentum: With the price currently above the middle Bollinger Band and SAR supporting a bullish trend, the momentum is strong. Look for potential retracements towards the middle band (0.4604) or SAR (0.4489) before further upside continuation.

Conclusion:

POL/USDT is showing a strong bullish trend with targets at 0.4742, 0.4783, and 0.4850. Watch for support at 0.4604 and 0.4489 for buying opportunities. Maintain a stop below 0.4489 for a more conservative approach.

#COSSocialFiRevolution #AltcoinNextMove #EyesOnBTC #BTCBreaks100K? #ETHPriceSurge