POL price drop widens, but now we only look at one conflict: after sell pressure is released, is there any effective repair?
Binance USDT-margined perpetuals | POL past 24 hours -14.43%, weakness remains—first we check whether sell pressure is converging. Current price is about 0.10546, with 24h trading volume of about 51.2012 million.
30m ATR trend reference level 0.110764. The current price has broken below the reference level, indicating that the trend protection level has started to come under pressure.
Look at just two breakpoints: whether the active buy-sell ratio of 0.94 can get back above 1; and whether the current price can reclaim the ATR trend band reference level of 0.110764.
#POL #Anomaly alert
Binance USDT-margined perpetuals | POL past 24 hours -14.43%, weakness remains—first we check whether sell pressure is converging. Current price is about 0.10546, with 24h trading volume of about 51.2012 million.
30m ATR trend reference level 0.110764. The current price has broken below the reference level, indicating that the trend protection level has started to come under pressure.
Look at just two breakpoints: whether the active buy-sell ratio of 0.94 can get back above 1; and whether the current price can reclaim the ATR trend band reference level of 0.110764.
#POL #Anomaly alert