📈 Technical Analysis – POL/USDT (1 Hour Chart)

Current Price: $0.1151

24h Variation: +2.68%

Max / Min (24h): $0.1158 / $0.1099

$POL #Polygon @Polygon

🔍 Current Technical Summary

The asset POL/USDT shows a strong recovery movement in the short term. After a sequence of correction candles, there was a significant reversal with increased volume and a breakout of short-term moving averages.

📊 Moving Averages

• MA7: $0.1120

• MA25: $0.1127

• MA99: $0.1159

🔹 The current price is above the MA7 and MA25, confirming a momentum reversal in the very short term.

🔸 It is testing the MA99, which now acts as critical resistance — if broken with strength, it may signal a continuation of the uptrend.

📈 RSI – Relative Strength Index

• RSI(6): 81.40 – Overbought

• RSI(12): 67.49 – In the buyer strength zone

• RSI(24): 56.18 – Neutral with an upward bias

💡 The RSI(6) above 80 indicates excessive euphoria in intraday trading, with a possible need for correction or sideways movement.

🔊 Volume

• Increasing volume in recent hours, reinforcing the validity of the upward movement.

• The current bar represents the highest volume of recent periods, which reinforces the presence of institutional or “smart money”.

🧭 Relevant Technical Levels

• Immediate resistance: $0.1159 (MA99)

• Secondary resistance: $0.1172

• Immediate support: $0.1133 (congestion region and previous breakout top)

• Protection support: $0.1120 (MA7)

✅ Strategic Conclusion

• Short-term trend: Aggressive uptrend, but with signs of imminent exhaustion

• Overall bias: Positive, with caution

• Alert signal: RSI in overbought territory and proximity to technical resistance (MA99)

🎯 Operational Plan

• Delayed entry: Avoid immediate entry after this rally

• Best scenario: Wait for a technical pullback to $0.1130–$0.1125

• Possible targets:

• Short term: $0.1165

• Extension: $0.1175–$0.1190

• Stop-loss: Below $0.1115

POL
POL
0.1066
-5.83%