$POL Analysis – Holding the Line at $0.43!
POL is trading at $0.4331, reflecting a 5.08% drop in the last 24 hours. The market seems to be finding footing near the key support zone as buyers start to step in. Let’s break it down!
Market Snapshot:
• 24H Range: $0.4243 (Low) - $0.4590 (High)
• Volume: Moderate with 104.98M POL traded.
Technical Levels to Watch:
1. Support Zones:
• Immediate: $0.4300
• Stronger: $0.4090
2. Resistance Levels:
• Immediate: $0.4389 (MA25)
• Key Target: $0.4600
Key Indicators:
• MA(7): $0.4338 – Slightly above the price; flipping this is critical for recovery.
• MA(25): $0.4389 – Key resistance to watch for bullish momentum.
• MA(99): $0.4196 – Long-term support holding strong.
Outlook:
• A bounce from $0.4300 could pave the way for a retest of $0.4600 resistance.
• If $0.4300 fails, watch for the $0.4090 level for potential rebounds.
What’s Next?
• Bullish: Look for a clean break above $0.4389 to confirm an uptrend.
• Bearish: A break below $0.4300 could trigger a test of deeper support zones.
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