$POL /USDT — Bearish Continuation Below Key Resistance
Current Price: ~0.1085
Timeframe: 1H
Bias: Bearish
Market Structure
POL continues to print lower highs and lower lows, confirming a short-term bearish trend. The strong sell-off from the recent high reflects aggressive selling pressure, while recent bounces remain corrective rather than impulsive, showing weak bullish commitment.
Key Levels
Resistance Zone: 0.1120 – 0.1145
→ Former support flipped to resistance with repeated rejection wicks.
Immediate Support: 0.1080
→ Currently under pressure.
Major Support / Liquidity: 0.1050 – 0.1020
→ Likely downside magnet if 0.108 breaks cleanly.
Trade Outlook (Short Bias)
Entry Zone: 0.1115 – 0.1140 (sell on pullback / rejection)
Targets:
TP1: 0.1050
TP2: 0.1020
TP3 (extended): 0.0980
Stop-Loss: Above 0.1160 (structure invalidation)
Confirmation to Watch
1H candle close below 0.1080
Weak bullish volume on pullbacks
Continued rejection from the 0.112 – 0.114 resistance band
Summary