$POL is retesting a key supply zone as the recent recovery starts losing momentum.
Trading Plan: Short $POL
Entry: 0.101 - 0.107
SL: 0.113
TP1: 0.098
TP2: 0.096
TP3: 0.094
The recent rebound has brought price back into a strong resistance area, where sellers are beginning to absorb buying pressure. Buyers are struggling to reclaim the upper structure, while liquidity below the recent lows remains vulnerable.
If this supply zone continues to hold and price confirms rejection, $POL could rotate lower toward the next support and liquidity pockets. Stay patient around the entry zone and manage risk carefully.
DYOR (Do Your Own Research).
Trading Plan: Short $POL
Entry: 0.101 - 0.107
SL: 0.113
TP1: 0.098
TP2: 0.096
TP3: 0.094
The recent rebound has brought price back into a strong resistance area, where sellers are beginning to absorb buying pressure. Buyers are struggling to reclaim the upper structure, while liquidity below the recent lows remains vulnerable.
If this supply zone continues to hold and price confirms rejection, $POL could rotate lower toward the next support and liquidity pockets. Stay patient around the entry zone and manage risk carefully.
DYOR (Do Your Own Research).