๐ฅ $POL is looking super bullish right now with a strong uptrend underway. On the 1-hour chart, Iโm cautiously optimistic โ ๐ข look for buy-the-dip opportunities rather than chasing overbought levels. Jumping in too high could burn you!
๐ Volume signals are telling the story: recent candles have seen huge spikes, over 100M easily, showing strong buying supporting the breakout. But the last 1-hour candle? Tiny body + low volume (229k) โ looks like the market is catching its breath or hitting a short-term pause.
๐ฐ Capital flows are even more encouraging:
Net contract inflows: +4.25M (4H), +5.84M (24H) โ
Spot flows: +734k (1H), +1.45M (4H) โ
Fresh money is piling in, so momentum looks healthy. The trend should keep rolling after any minor dip.
๐ Entry ideas for longs $POL:
First support: $0.16113 (around MA10)
Better risk-reward dip: $0.15688 (MA20 & BOLL mid-band)
Watch for reversal signals like a hammer or bullish engulfing candle, especially if volume picks up again.
๐ Stop-loss: 3โ4% below your entry. Example: if entering at $0.161 โ stop under $0.156 (below MA20).
๐ฏ Targets:
First target: recent peak ~$0.174
Next resistance: ~$0.1823 if we break the peak
