POL Price Action : Key Resistance and Potential Movement

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POL is currently facing a key resistance at the red box level. If the price fails to break this resistance, it is likely to drop toward the blue support points, signaling a potential bearish movement.

However, if the resistance holds, there is a chance for the price to climb toward the green points, testing the bottom of the channel for a possible bullish rebound.

Key Levels :

- Resistance : Red box

- Bearish Target : Blue points

- Bullish Target : Green points

The outcome will depend on whether the resistance holds or breaks, making this a pivotal moment for traders.

Conclusion and Advice :

POL’s current position at the resistance level is crucial for determining its next direction. Traders should watch for a breakout or rejection at this red box to assess the next move, whether it’s a dip to the blue points or a rise to the green points.

Advice :

Stay cautious and monitor price action closely before making any moves. Use proper risk management, especially with support and resistance levels being tested.