POL price drop widens, but now we only look at one conflict: after selling pressure is released, is there any effective repair?
Binance USDT-m perpetuals｜POL past 24 hours -15.40%, still weak; first we need to see whether the selling pressure is converging. Current price is about 0.08707, with 24h trading volume about 38.6183 million.
30m RSI 8.61 is already oversold, indicating short-term panic is nearly fully priced in.
Focus on just two levels: after the 30m open interest change of -5.5%, whether the price can continue to stabilize; whether the 30m RSI 8.6 can return above 30.
#POL #anomaly alert
Binance USDT-m perpetuals｜POL past 24 hours -15.40%, still weak; first we need to see whether the selling pressure is converging. Current price is about 0.08707, with 24h trading volume about 38.6183 million.
30m RSI 8.61 is already oversold, indicating short-term panic is nearly fully priced in.
Focus on just two levels: after the 30m open interest change of -5.5%, whether the price can continue to stabilize; whether the 30m RSI 8.6 can return above 30.
#POL #anomaly alert