After a sharp drop from the 0.105 USD level to a low of 0.0709 USD, POL is starting to show the first signs of a recovery.
Looking at the daily chart (1D):
✅ Price has bounced off the lower Bollinger band.
✅ RSI is back above 50.
✅ MACD is narrowing its downtrend and showing signs of a bullish crossover.
However, there's still a big challenge ahead:
📌 POL is currently still below the middle Bollinger line (0.0817 USD).
This means that the long-term downtrend hasn't been completely broken yet.
Notable price zones:
🔹 Strong support: 0.071 – 0.075 USD
🔹 Nearby resistance: 0.082 USD
🔹 Next target if breakout is successful: 0.09 – 0.10 USD
Crypto history shows:
Coins that the market forgets often yield the biggest gains when the money flow returns.
But the prerequisite remains:
🔥 Bitcoin must maintain its bullish trend
🔥 The money flow must return to altcoins.
Is #POL quietly forming a bottom for a new cycle or just a technical bounce?
Are you guys still holding or have you left the POL ship? 👇
👉 Sign up for Binance:
https://www.binance.com/register?ref=12617366
