🎯 [TACTICAL SETUP] POL/USDT (4h)
A major 4h Rising Wedge is compressing at 80.4% maturity on Polygon Ecosystem Token (POL/USDT) detected by ChartScout.
[ Key Boundaries ]
• Pattern Type: Rising Wedge (Reversal Potential)
• Ascending Support : $0.1190 USDT (2 Touches)
• Ascending Resistance : $0.1290 USDT (2 Touches)
• Current Price : $0.1215 USDT (Testing Support)
[ Execution Logic ]
Price action is making higher highs within converging upward trendlines over a multi-day formation. Rising wedges typically indicate contracting upside momentum. Watch for a volume-backed 4h candle breakdown below support ($0.1190) or an invalidation breakout above resistance.
⚠️ DYOR - Not Financial Advice.
#ChartScout #pol #Polygon #polusdt
A major 4h Rising Wedge is compressing at 80.4% maturity on Polygon Ecosystem Token (POL/USDT) detected by ChartScout.
[ Key Boundaries ]
• Pattern Type: Rising Wedge (Reversal Potential)
• Ascending Support : $0.1190 USDT (2 Touches)
• Ascending Resistance : $0.1290 USDT (2 Touches)
• Current Price : $0.1215 USDT (Testing Support)
[ Execution Logic ]
Price action is making higher highs within converging upward trendlines over a multi-day formation. Rising wedges typically indicate contracting upside momentum. Watch for a volume-backed 4h candle breakdown below support ($0.1190) or an invalidation breakout above resistance.
⚠️ DYOR - Not Financial Advice.
#ChartScout #pol #Polygon #polusdt
