$POL $POL ~ 3D 🟢
#POL 🟢 remains within a long-term bearish structure, with price consistently trading below the descending yellow trendline.
🟢 The Descending Trendline has acted as dynamic resistance since the major high around $0.76, repeatedly limiting bullish recovery attempts and contributing to the formation of lower highs.
🟢 However, price is now approaching the trendline again after trading relatively close to the major support area around $0.067–$0.075.
🟢 The best scenario for now, Wait until the price successfully breaks through this resistance line and then open a Buy/Long position after that.
🎯 Short term target is at least 15%+ from here.
🔴 Cancellation / Bearish Plan, Rejection back from this resistance line.
#Macro Insights# #Altcoin Season# #Meme Alpha# #BTC Price Analysis#
#POL 🟢 remains within a long-term bearish structure, with price consistently trading below the descending yellow trendline.
🟢 The Descending Trendline has acted as dynamic resistance since the major high around $0.76, repeatedly limiting bullish recovery attempts and contributing to the formation of lower highs.
🟢 However, price is now approaching the trendline again after trading relatively close to the major support area around $0.067–$0.075.
🟢 The best scenario for now, Wait until the price successfully breaks through this resistance line and then open a Buy/Long position after that.
🎯 Short term target is at least 15%+ from here.
🔴 Cancellation / Bearish Plan, Rejection back from this resistance line.
#Macro Insights# #Altcoin Season# #Meme Alpha# #BTC Price Analysis#