$POL / USDT - Price analysis:
8 weekly red candles in a row! 🚨
Weekly RSI = oversold, but bearish pressure remains consistent 📉
Double bottom possible [Daily] above the $ 0.100 level, but without buy volume & support, another sharp dump is also on the table! ⚠️
My take:
I'm waiting for fresh buy volume & reversal confirmation.
Looking for a breakout of the bearish channel [H4 view], or at least a retest of the lower channel trendline to jump in! 📈
Patience is key here - Let the market show its hand before entering.
📊 Key levels & scenarios marked in my chart.
#POL #Polygon