$POL
Near a very important area, because the current breakout for the first time is starting to press against a shadow ceiling that has been rejecting the price for a period.
The price is at 0.11869 after a 8.55% rise in 24 hours, and trading volume reached roughly 13.55M USDT.
On the Daily, price broke out of a range that started around 0.100, and has now reached its highest level in the past weeks at 0.12014.
Most importantly, the 4H is not just rising—it has formed a higher-low sequence from above 0.101 up to 0.11759, with a clear increase in trading volume during the breakout.
The real decision begins above 0.12014, because breaking the top while the price remains above it turns the current resistance into a trigger point; then the move is likely to continue to 0.12480 and then 0.12830 as a logical extension.
As for the pullback and breaking 0.11330, it would cause the last rise to lose its most important support area and weaken the continuation scenario.
$POL
Near a very important area, because the current breakout for the first time is starting to press against a shadow ceiling that has been rejecting the price for a period.
The price is at 0.11869 after a 8.55% rise in 24 hours, and trading volume reached roughly 13.55M USDT.
On the Daily, price broke out of a range that started around 0.100, and has now reached its highest level in the past weeks at 0.12014.
Most importantly, the 4H is not just rising—it has formed a higher-low sequence from above 0.101 up to 0.11759, with a clear increase in trading volume during the breakout.
The real decision begins above 0.12014, because breaking the top while the price remains above it turns the current resistance into a trigger point; then the move is likely to continue to 0.12480 and then 0.12830 as a logical extension.
As for the pullback and breaking 0.11330, it would cause the last rise to lose its most important support area and weaken the continuation scenario.
$POL