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$POL /USDT IN RECOVERY MODE ā WILL IT HOLD THE MOMENTUM? ā”šØ
$POL /USDT has seen a sharp dip, hitting a recent low of 0.3059 USDT. Now trading at 0.3269 USDT, the coin is attempting to regain ground, but faces resistance levels that will test its resilience. Traders are watching closely to see if POL can maintain this upward momentum.
Current Price: 0.3269 USDT
šÆ Key Levels to Watch šÆ
1. Immediate Resistance at 0.3348 USDT ā A break above this level could indicate that buyers are stepping in, providing room for a potential short-term rally.
2. Secondary Target at 0.3454 USDT ā Clearing this point would show a stronger recovery, inviting more bullish interest as momentum builds.
3. Major Target at 0.3593 USDT ā Reaching this level could confirm a full reversal, bringing POL closer to recent highs and possible further gains.
Technical Analysis
$POL is currently hovering near its MA(7) at 0.3263 USDT, and a sustained move above the MA(25) at 0.3348 USDT could signal growing bullish strength. A push towards the MA(99) at 0.3526 USDT would be a strong indicator of a potential trend reversal.
š Bearish Scenario ā If POL fails to break above 0.3348 USDT, it may fall back to test the support at 0.3059 USDT, which could lead to increased selling pressure.
š Bullish Momentum ā A breakout above 0.3348 USDT could pave the way for higher targets, as buyers step in to capitalize on the upward trend.
Stay alert as POL/USDT navigates this crucial phase!
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