Reading the chart｜Polygon Labs completes its acquisition of Coinme and launches a U.S.-regulated payments platform
Don’t chase the news in the first minute after it breaks. Wait for the candlesticks to develop before deciding. Keep an eye on stablecoin inflows and outflows, and see whether this news is prompting movement in off-exchange funds.
Without a clear directional bias, the price will most likely continue at its previous pace.
$POL , 24-hour range: 0.09762–0.1025.
#POL
Volatility is significant; manage your position size accordingly.
Don’t chase the news in the first minute after it breaks. Wait for the candlesticks to develop before deciding. Keep an eye on stablecoin inflows and outflows, and see whether this news is prompting movement in off-exchange funds.
Without a clear directional bias, the price will most likely continue at its previous pace.
$POL , 24-hour range: 0.09762–0.1025.
#POL
Volatility is significant; manage your position size accordingly.