Technical Analysis for $POL /USDT
Current Price: 0.5044 USDT
Trend: Bullish (Price has risen by +6.06% in the last 24 hours)
Key Levels:
Support: 0.4659 USDT (24h Low)
Resistance: 0.5117 USDT (24h High)
SAR Level: 0.5091 USDT (near resistance)
Trade Signal:
Buy Signal: When price holds above 0.5044 with momentum towards 0.5091–0.5117
Sell Signal: If price falls below 0.4986 (near support level)
Momentum:
Bullish Momentum is strong as the price has been rising steadily.
Watch for a potential breakout if the price approaches 0.5117, which could lead to further upside.
Target Levels 🎯:
1. Target 1: 0.5117 USDT (Resistance/24h High)
2. Target 2: 0.5180–0.5220 USDT (next resistance zone)
3. Target 3: 0.5300 USDT (psychological level, if momentum continues)
Risk-Reward:
Stop Loss: 0.4986 (below SAR level and support)
Take Profit: 0.5117–0.5300 depending on the breakout.
Conclusion: A continuation of bullish momentum is expected, but caution should be taken near
resistance levels.
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