$POL: Distribution Phase Ends: Downside Target Zone Set
SHORT SETUP POL
Entry: $0.09740 - $0.09760
Stop Loss: $0.10096
Take Profit: $0.09058 (2R)
Key Levels: Support $0.09456 | Resistance $0.09941
Technical Analysis for $POL: Short bias dominates. Price sits below EMA9/21/50 and MACD histogram is negative, confirming downtrend. Stochastic is oversold but orderbook shows bid pressure, suggesting a pullback to the 1H support at 0.09456. Risk if price breaks above 0.09941 resistance. Target 0.0906, stop at 0.1009. Volume surged 274% confirming activity. Watch 0.0972 low as intermediate floor.
Market Context: BTC up 0.736% on 24h, market broadly positive (72.6% green).
SHORT $POL
SHORT SETUP POL
Entry: $0.09740 - $0.09760
Stop Loss: $0.10096
Take Profit: $0.09058 (2R)
Key Levels: Support $0.09456 | Resistance $0.09941
Technical Analysis for $POL: Short bias dominates. Price sits below EMA9/21/50 and MACD histogram is negative, confirming downtrend. Stochastic is oversold but orderbook shows bid pressure, suggesting a pullback to the 1H support at 0.09456. Risk if price breaks above 0.09941 resistance. Target 0.0906, stop at 0.1009. Volume surged 274% confirming activity. Watch 0.0972 low as intermediate floor.
Market Context: BTC up 0.736% on 24h, market broadly positive (72.6% green).
SHORT $POL