POL / TetherUS
Long

POLUSDT UPDATE

334
#POL

UPDATE

POL Technical Setup

Pattern: Falling Wedge Pattern

Current Price: 0.1725$
Target Price: 0.2000$
Target % Gain: 151.98%

Technical Analysis: POL is breaking out of a falling wedge pattern on the 1D chart, signaling a potential bullish reversal after an extended downtrend. Price has cleanly pushed above the descending resistance trendline, accompanied by strong bullish candles, indicating increasing buying pressure. The projected target is derived from the height of the wedge, aligning with the 0.20$ resistance zone, which also marks a prior supply area. Holding above the breakout level would support continuation toward the upside target.

Time Frame: 1D
Risk Management Tip: Always use proper risk management.

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