【Look Up】
POL is currently reported at 0.0969, up 5.59% over the past 24 hours. In the last 7 days it is still down 0.19%. Intraday range is 0.0904–0.0981, with a volatility of 8.5%.
【Market View】
During the market’s bottoming-out phase, POL can still stay in the green over the past 24 hours, suggesting that there are independent funds propping it up.
At the 0.0904 level, repeated retests have failed to break it; pullbacks are met with solid support.
Compared with BTC’s +0.68%, POL’s relative strength is leading. These assets are typically rebound pioneers.
For the short term, the bias is bullish.
【Bullish Rationale】
With a single-day gain of 5.59% on display, short-term bulls have the advantage.
The 0.0981 line has been tested repeatedly, and the bulls have not shown any retreat yet.
The short-term upward momentum is somewhat fast, so the risk of wicks/pokes cannot be ignored. It’s safer to wait for a pullback confirmation before acting.
In terms of trade, use 0.0904 as the stop-loss, and look for upside toward a breakout beyond 0.0981.
$POL #POL
POL is currently reported at 0.0969, up 5.59% over the past 24 hours. In the last 7 days it is still down 0.19%. Intraday range is 0.0904–0.0981, with a volatility of 8.5%.
【Market View】
During the market’s bottoming-out phase, POL can still stay in the green over the past 24 hours, suggesting that there are independent funds propping it up.
At the 0.0904 level, repeated retests have failed to break it; pullbacks are met with solid support.
Compared with BTC’s +0.68%, POL’s relative strength is leading. These assets are typically rebound pioneers.
For the short term, the bias is bullish.
【Bullish Rationale】
With a single-day gain of 5.59% on display, short-term bulls have the advantage.
The 0.0981 line has been tested repeatedly, and the bulls have not shown any retreat yet.
The short-term upward momentum is somewhat fast, so the risk of wicks/pokes cannot be ignored. It’s safer to wait for a pullback confirmation before acting.
In terms of trade, use 0.0904 as the stop-loss, and look for upside toward a breakout beyond 0.0981.
$POL #POL
