The interesting part of this chart is not the 8% daily decline by itself. It is what happens right around 0.09473–0.09500, where $POL is now trading after a persistent sequence of lower highs and lower lows.
On the 15-minute chart, sellers have controlled almost the entire move. Price fell from the 0.106 area toward the current 0.09512, while every meaningful bounce was met with another wave of selling. That keeps the short-term structure firmly bearish.
But there is an important detail: price is now sitting very close to the displayed 24h low at 0.09473.
Current Structure
$POL/USDT
Price: 0.09512
24H High: 0.10620
24H Low: 0.09473
24H Change: -8.17%
24H Volume: 83.75M POL
The cleanest way to read this setup is to wait for price to prove whether 0.09473 can hold or fails.
Bearish Continuation Scenario
If POL loses 0.09473 and remains below that area, the current downside structure remains intact.
A breakdown would show that buyers were unable to defend the latest low, potentially opening the door toward the next visible chart area around 0.09400.
Bearish trigger: Break and hold below 0.09473
First downside area: 0.09400
Invalidation: Reclaiming the breakdown area and pushing back above the nearby resistance structure
I would avoid blindly shorting directly into 0.09473, because that is exactly where a sharp reaction can appear after an extended decline.
Reversal Scenario
For buyers, there is still no confirmed reversal on this 15-minute chart.
A meaningful improvement would require $POL to reclaim 0.09600 and start holding above it. If that happens with stronger buying activity, the next visible levels become:
TP1: 0.09800
TP2: 0.10000
TP3: 0.10200
The move toward those levels would be a recovery attempt, not proof that the broader downtrend has ended.
Volume is also worth watching. The chart shows several earlier volume spikes during the decline, so any reversal should ideally come with noticeably stronger buying rather than a weak bounce.
For now, the market is sitting between seller control and a critical low. The smarter decision is to let 0.09473 and 0.09600 reveal which side is actually gaining control instead of chasing the middle.
One level decides whether this becomes another breakdown or the first serious recovery attempt — $POL
